The Fed's Biggest Nightmare: Consumers Are "Losing Faith" Their Cost Of Living Won't Keep Rising

Filed under "insane paragraph of the year," Reuters pens one of the most-telling sentences of the year/decade/century, suggesting - as per the existential threat to the Fed's meme - that consumers are worried that their cost of living won't go up more?


via Reuters

Translation: Please dont lose faith that your cost of living will stop soaring: the Fed's very existence depends on it.


h/t @RudyHavenstein