The Federal Reserve can continue to pretend to attack inflation through large, spasmodic rate hikes. It won't work. At some point, the Fed will have to recognize reality. The inflationary nightmare destroying American households and their portfolios are rooted in Biden's climate strategy. The strategy, orchestrated by anti-human progressives, is to starve America of clean natural gas and other fossil fuels that are actually reducing CO2 (and I'm using their benchmark, because demonized CO2 is 100% harmless).
Background at my thread here. Treemap courtesy of Finviz (30-day S&P 500 Performance).
1 comment:
Very well put.
Post a Comment