If the Fed continues down its current path, America will spiral into the greatest depression in its history. If the Fed flip flops however, high inflation will continue and we may very well be officially in a recession anyway. The US economy is weaker and more vulnerable than ever, and there is approximately zero appetite for letting it crash so it may heal.
In a shot across the bow to Bibi Netanyahu, Elon Musk has vowed to help humanitarian groups circumvent Israel's blockade of telecommunication between Gaza and the outside world.
And there it is... Israeli pre-emptively justifying the slaughter of innocent civilians by declaring no one in Gaza is innocent. Killing civilians is only bad when Hamas does it!
If the Fed continues down its current path, America will spiral into the greatest depression in its history. If the Fed flip flops however, high inflation will continue and we may very well be officially in a recession anyway. The US economy is weaker and more vulnerable than ever, and there is approximately zero appetite for letting it crash so it may heal.