AOC is right: Inflation is solved. That's why central banks are doing the unthinkable - cutting rates when we've got full employment and the Dow at 27,000.
The economy - with full employment and sky-high stock markets - is screaming for an interest rate rise. But the US Fed and the ECB have signaled they're going to cut instead. Why are we living in a Bizarro World where an overheating economy generates low inflation, and central...Posted in: