The Fed just dropped a new model for the medium-run natural rate and… — Global Link Network 🌐 — TG.ME

The Fed just dropped a new model for the medium-run natural rate and it smells like a desperate attempt to ignore the noise while the ship hits the reef. They think smoothing out the data will stop us from getting wrecked by their flip-flopping, but a compass calibrated on a lie still points to disaster. My bagel is stale. And these technocrats think a new filter solves the fact that the entire mechanism is rigged to keep the bag holders in the dark until the wash cycle hits. If they actually start using this mid-term metric, expect rate pivots that move slower than a dying bull, effectively masking the slow bleed until the labor market just snaps. It is just another layer of obfuscation meant to keep the algorithms guessing while they pretend they are not flying blind. They want a middle path, but the road is gone. This is just a way to make sure the next crash looks like a controlled landing while we all hold the losses. @globallinknetwork