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The tyrant "has desires which he is utterly unable to satisfy, and has more wants than any one, and is truly poor, if you know how to inspect the whole soul of him: all his life long he is beset with fear and is full of convulsions, and distractions, even as the State which he resembles."
Friday, January 13, 2023
Year over year in December, broad inflation is down for six consecutive months, core inflation is down three consecutive months
But there's still a long way to go to get to 2-ish percent in either category.
The Fed Funds Rate will be kept higher for longer.