“It’s inflation all the way, baby!”

Below is the ‘Opening Notes’ segment excerpted from the February 21 edition of Notes From the Rabbit Hole, NFTRH 643. The point of this segment was primarily to illustrate how hard it was to adopt the inflation view in Q4 2008 and in spring of 2020. It was secondarily to point out that as of last week I was growing concerned about the the shear … Continue reading “It’s inflation all the way, baby!”