INTEREST RATES
From Volcker to Powell:
Powell will hike rates to 10%, but he doesn't know it yet.
Why?
Because this is a trial and error process.
Volcker didn't know either that he would be raising rates to 20%.
1/
From Volcker to Powell:
Powell will hike rates to 10%, but he doesn't know it yet.
Why?
Because this is a trial and error process.
Volcker didn't know either that he would be raising rates to 20%.
1/
Volcker was faced with one problem and one problem only:
PRODUCTION
DC and Volcker LEARNED by trial and error process over Time and Space that they had to hike rates to 20% in order to expand PRODUCTION.
2/
PRODUCTION
DC and Volcker LEARNED by trial and error process over Time and Space that they had to hike rates to 20% in order to expand PRODUCTION.
2/
Same thing now.
DC and Powell are having one problem and one problem only:
PRODUCTION
And they are learning via Trial and Error in Time and Space that the first and foremost thing to do is HIKE RATES.
Powell/DC will keep hiking rates until PRODUCTION stabilizes.
3/
DC and Powell are having one problem and one problem only:
PRODUCTION
And they are learning via Trial and Error in Time and Space that the first and foremost thing to do is HIKE RATES.
Powell/DC will keep hiking rates until PRODUCTION stabilizes.
3/
Conclusion:
10% - 20% rates are inevitably coming during the next 3-5 years from Powell/DC in order to attract and expand PRODUCTION into Allies Territory, or as it is currently known as Friend Shoring.
Reshoring is entirely impossible.
4/ end
#krisonomics
10% - 20% rates are inevitably coming during the next 3-5 years from Powell/DC in order to attract and expand PRODUCTION into Allies Territory, or as it is currently known as Friend Shoring.
Reshoring is entirely impossible.
4/ end
#krisonomics
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