The Death of Inflation

[errolanderson]

Bank of CanADA pumped $60B into REPO market. no one saying which bank or banks can't sell their securities overnight. Very rare for BOC to do this. media silent of course.

It has already hit-the-fan. It will be interesting who floats to the top of this mess. We'll all know soon . . . .

[sumdumguy]

The government always wins, they make sure of that. They’ll just keep throwing borrowed money at the markets, oblivious to the consequences. No rhyme or reason.

[biglentil]

Errol tell me has the cost of living gone up or come down since 2021?

[errolanderson]

big lentil, in my opinion, the problem is now by far . . . debt, not inflation.

Raising interest rates caused this debt crisis, it’s also causing deflation.
Place the blame squarely on central policy aimed entirely on preserving Wall Street.

Is inflation the real problem or is debt load the cause of personal and corporate grief? Asset prices are clearly falling.

And wait for fast food burger wars to erupt in a drive-through nearest you.