Nah, if stocks start falling the Fed will pivot.

It has happened since time immemorial, if given the choice between raising interest rates and diluting the currency, the government will choose the path of least resistance.

More cheap money -> inflation staying high -> loss of credibility for the Fed -> gold price skyrockets.

They are caught between a rock and a hard place. Raise interest rates and pop the global debt bubble, or keep interest rates low and inflation gets out of control.

They will probably raise as much as they can and gaslight the public by:

- saying there is no inflation (Biden admin said inflation was 0% for the month of July)
- changing the definition of inflation again, it has been manipulated so much in the last 30 years. ACTUAL inflation is probably 12% + at the moment.

I can't believe something hasn't broken already to be honest, this is the fastest that rates have been lifted in history. 225 basis points in 6 months...