Inflation is NOT over in 2023
(Opinion)
As the monetary policy of the dollar grinds forward in 2023, our last fed meeting left us with Jerome Powell promising us more rate hikes as 2023 moves forward. How realistic is this though?
With things like energy, food, and just about anything cost you can think of skyrocketing in price throughout 2022 and continuing to move up in 2023, it really seems like inflation is still in full effect, regardless of the DXY. Not to even factor in the increasing amount of car, home and other asset repossessions happening in the U.S. and around the world. National salary's averages are not being properly accounted for to fight inflation and the average person with a bank account has lost money in the market since the 2008 financial crisis. Our national debt and debt per tax payer is unfathomable (see U.S. Debt Clock). Where does this all lead to?
On our 1-Week chart of the DXY is showing us a massive floor on the CM_Williams_Vix_Fix_Finds Market Bottoms. We're seeing a massive floor from the 1-Day chart as well.
Monetarily, the Federal Reserve might get to a point where they HAVE to cut back on raising rates or risk a full on collapse of our monetary system. This will inevitably lead to a major crash in the finance or housing markets, maybe both, that could rival the great depression and have contagion effects world wide.
As the monetary policy of the dollar grinds forward in 2023, our last fed meeting left us with Jerome Powell promising us more rate hikes as 2023 moves forward. How realistic is this though?
With things like energy, food, and just about anything cost you can think of skyrocketing in price throughout 2022 and continuing to move up in 2023, it really seems like inflation is still in full effect, regardless of the DXY. Not to even factor in the increasing amount of car, home and other asset repossessions happening in the U.S. and around the world. National salary's averages are not being properly accounted for to fight inflation and the average person with a bank account has lost money in the market since the 2008 financial crisis. Our national debt and debt per tax payer is unfathomable (see U.S. Debt Clock). Where does this all lead to?
On our 1-Week chart of the DXY is showing us a massive floor on the CM_Williams_Vix_Fix_Finds Market Bottoms. We're seeing a massive floor from the 1-Day chart as well.
Monetarily, the Federal Reserve might get to a point where they HAVE to cut back on raising rates or risk a full on collapse of our monetary system. This will inevitably lead to a major crash in the finance or housing markets, maybe both, that could rival the great depression and have contagion effects world wide.
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