Musings of the Day, 12/5/22:
I spoke of the Bifurcated Economy recently in Space, observing the sky-high prices for premium concert/airline/travel packages, but Inflation is a REGRESSIVE tax.
Implication: The Fed will outweigh the needs of the many over the needs of the few.
I spoke of the Bifurcated Economy recently in Space, observing the sky-high prices for premium concert/airline/travel packages, but Inflation is a REGRESSIVE tax.
Implication: The Fed will outweigh the needs of the many over the needs of the few.
Officially burned out of hearing about SBF/FTX. Next fraud, please.
Donβt want to gloat too soon on calling either direction in this tape. Oilβs price action today is terrible.
Looks like we're back to serving of Borscht with a couple scattered Peas.
Good reminder of what happens when there is a downward demand shock into inelastic supply.
Loading suggestions...