People are just starting to wake up and realize this is just the beginning of a very, very bad situation...the word stagflation being uttered in front page articles as if it's actually possible:
So what's going to happen here?
Will the Fed slow or stop rate hikes in response to the coming market bloodbath and let inflation run away?
Or will they keep hiking rates in the midst of recession?
I think we also need a reminder that stimulus is not an option while attempting to control inflation.
Yeah I know, STIMULUS CHECKS DON'T CAUSE INFLATION, lol what a load of bullshit.