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03.18.24 Inflation Has the "Folsom Prison Blues" 

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Hello, I\u2019m Jerome Cash

I hear inflation comin', it's rolling round the bend.

And I ain't seen it tumblin\u2019 since I don't know when.

I\u2019m stuck in Biden\u2019s Prison, inflation draggin' on.

Biden pushes on demand with old-fashioned Democrat economic policies constraining commerce and unrestrained spending. Adding in Yellen\u2019s global minimum corporate tax releases inflation that is beyond transitionary according to repentant Treasury Secretary Janet Yellen.

As a result, Powell will not ease as quickly as the market wants, but he will give it QT relief.

Far from Folsom Prison, That's where Jay wants to stay,

so he\u2019ll blow that QT whistle, Blow our Blues away.

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Song: Folsom Prison Blues (1955)

https://www.youtube.com/watch?v=s_NLlOiD1Wo  

Johnny Cash