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“Mad Max” scenario

[Crashcomingsoon]

My Comment:  The real question is: Does the Fed have the resolve to defeat inflation once the economy craters and inflation is still high due to issues outside the Fed's control ?

"They're Pulling The Plug... It's Game Over"
https://www.zerohedge.com/markets/theyre-pulling-plug-its-game-over
Excerpts:
Holter explains, “Interest rates are the key to the whole collapse..."

"... Mortgage rates, as of right now, are about 6.15%. Mortgage rates started the year just over 3%. In the fourth quarter of last year, we had mortgage rates as low as 2.75%. What that tells you is if you qualified for a $1 million mortgage at the end of last year, you only qualify for a $500,000 mortgage now. If you are a property owner, that means the pool of potential buyers is far less than 6 months ago, simply because interest rates have basically doubled."

Holter also says that means property values are dramatically cut.

Holter also talks about gold and silver and why you should hold them in hand.

Holter thinks a “Mad Max” scenario is a real possibility and says we have not seen the peak on inflation.