BM PRO: FOMC Eve--Markets Prepare For Fed Decision
"It seems the Fed would welcome a scenario where aggressive rate hikes lead to major deflation. Yet, it’s a double-edged sword since deflationary busts wreak havoc just like persistent inflation can." https://bmpro.substack.com/p/f...
BM PRO:联邦公开市场委员会前夕——市场为美联储决策做准备
“美联储似乎欢迎激进加息导致严重通缩的情况。然而,这是一把双刃剑,因为通缩萧条会像持续通胀一样造成严重破坏。” https://bmpro.substack.com/p/f.. .