Dont laugh!
Once rate hike cannot curb inflation.
It will be a disaster.
They naively think using the same trick again and again will not have 反噬作用。
物极必反lah.
Siao Liao, US junk bonds, nobody interested.
Siao Liao, Fed declares negative return for the first time.
No extra $$$ can be put into US budget.
Keep so much USD, yet seeing it depreciating is a terrible experience.
In this case, Trump will win 100% in November!