That's interesting and could work, I don't understand this angle but I was on podcasts saying Powell has been targeting the high end of the economy with higher for longer to punish private equity and shadow banking. Low interest rates help them way more than it helps the general public and would just drive more wealth into their hands. From the looks of the real estate market, I think it was finally starting to work.I've been hearing some specualtion that Trump needs to basically engineer the recession because the soft landing stuff ain't working. Apparently the Fed might be alright with it since they can adapt to the situation while killing off jobs, and thus arrersting inflation, like J Powell wanted.
No idea of this has any merit.
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