We've had an unprecedented three consecutive years now where inflation has remained higher than the 10-year UST yield on an average annual basis, and our hapless FOMC looks set to make it four

 There were just two years of this in the 1970s inflation, and they too were consecutive.

Anyone who calls Jerome Powell an inflation fighter is an idiot, or a stooge for the status quo of inflation profiteers.

This is all on the backs of the people, but where is the angry mob?

So medicated, so drugged, and so otherwise anesthetized by bread and circuses that the elites don't even bother to hide the truth.

 

Core inflation higher than DGS10 yield in 2020, 2021, 2022 (annual average)

Core inflation higher than DGS10 yield January through July 2023 (monthly view)