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Credit Spreads are Widening and Bankers Don't Care
Credit spreads are widening. Homebuilder inflation is up 21% year over year. Retail sales are surging, up 3.8% despite consumer price inflation. And finally, the current situation in Canada is a glimpse into life under a CBDC, as a central bank digital currency gives ultimate control to the central bank over every financial account and transaction.
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#inflation #housing #yields
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