Kaoboy Musings

Kaoboy Musings

Re: Inflation/USD/Oil - From Fed's Best Friend to Fed's Worst Enemy.

Pusillanimous Powell's Premature Pivot has turned the USD's Equilibrating Mechanism from the Fed's Best Friend into the Fed's Worst Enemy by potentially igniting a Competitive Cutting Cycle.

Michael Kao's avatar
Michael Kao
Sep 28, 2024
∙ Paid
44
16
19
Share

Pusillanimous Powell's Premature Pivot has turned the USD's Equilibrating Mechanism from the Fed's Best Friend into the Fed's Worst Enemy by potentially igniting a Competitive Cutting Cycle.

Kaoboy Musings is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

Keep reading with a 7-day free trial

Subscribe to Kaoboy Musings to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Michael Kao
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture