![By Photo credited to the firm Levy & fils by this site. (It is credited to a photographer "Kuhn" by another publisher [1].) (the source was not disclosed by its uploader.) [Public domain], via Wikimedia Commons](https://i0.wp.com/thegreatrecession.info/blog/wp-content/uploads/500px-Train_wreck_at_Montparnasse_1895.jpg?fit=125%2C150&ssl=1)
Today the market paid back some of its delusional holdings. It has a lot more left to pay back. You see, the market believed the Fed all of last year when the Fed said inflation was transitory. Or, at least, market leaders sold the Fed’s narrative, accelerating us into a heck of wreck.
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Filed in Economic Predictions, Uncategorized | Tagged: economic crisis, economic denial, economic predictions, inflation, The Federal Reserve
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