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DiewConklan
Bloomberg Television
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Comments by "DiewConklan" (@hRt42kuo7jTtmk14) on "Back End of U.S. Yield Curve Is Safest, Says PGIM's Tipp" video.
In times of runaway inflation it doesn’t just magically come down by itself 6 months later nor is there a such thing as transitory inflation or a soft landing. History has taught us this 8 different times already since 1914. So people need to prepare themselves for an economic contraction and for things to become painful for a while. It’s been 2 years of fun and games and lots of free money, which is what caused this inflation problem and has nothing to do with supply line issues. It’s all based on the high cost of food, rent, wages, and energy. So now it’s time to pay it all back.
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It’s hard to imagine that there is going to be enough market demand to absorb the billions of treasuries on their balance sheet. Unless they sell them at huge discounts and raise the yield in order to get rid of them.
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SCAMMA!!! 🤮💀🤢🤦🏻♂️
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