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lastlib

(26,370 posts)

5. Hyper-inflation, Zimbabwe-style, seems very unlikely.....

Reply to PeaceWave (Reply #3)

Wed Jul 16, 2025, 03:29 PM

Jul 16

but a very high inflation rate as the country saw in the wake of the Arab oil embargo in the 70s is certainly possible. It's more likely in the unlikely event that The Felon forces Powell out, and makes significant inroads in changing the FOMC. Really, his best bet is to leave Powell in place and hold rates steady to manage the current inflation.

My 2cts.

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Highlight:

Bond market sends troubling signal on inflation that should concern investors [View all] Yo_Mama_Been_Loggin Jul 16 OP

My local NBC news at noon 'appeared' to be ready to discuss this dweller Jul 16 #1

As long as we have a sane chair of the Fed, they won't raise rates... Wounded Bear Jul 16 #2

The Board of Governors has seven members, IIRC lastlib Jul 16 #4

This message was self-deleted by its author PeaceWave Jul 16 #3

Hyper-inflation, Zimbabwe-style, seems very unlikely..... lastlib Jul 16 #5