### Comment:
Stagflation, which will give way to deflation, which will lead to currency collapse. With floating basket currency prices everyone will fall in a row like dominoes.  
  
 US needs to proceed with tightening just to be able to shore ourselves up from the tidal waves of liquidity that will come from foreign capital washing ashore seeking amnesty.

### REPLY:
Stagflation ? We have sub 2% inflation for a decade with no signs of stopping

### END.