running get everything stores full all sudden demand shut off like a second Have you seen the chip sector lately? Went from massive Unbelievable demand when we need to build fat plants everywhere which costs probably four billion or more To build these massive plants which take a year at least two three years some of them to build It's a massive process Now all of a sudden in a blink of an eye they have gluts Many of these companies But this is what happens when you raise rates this fast without pausing at all just to see hey Let's take a step back just to see what's going on You get massive shocks to the system where inflation is gonna quickly turn into deflation while you're raising rates Let's think about it. The Fed truly believes and they do they believe that keeping rates over four and a quarter percent for all 2023 is not gonna cause a massive recession. They're expecting five percent growth second half next year How is that possible with rates over four percent the housing (6/33)
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