system
A chat on subreddit /r/wallstreetbets
human
I dont agree with burry. I think no one knows if inflation will go down. And i also think its not certain at all the fed will cut rates. He is saying that fed wants to cause deflationary elements (raise rates more) to declare victory on inflation and then reverse. While that makes sense as the fed is a bunch of egoistical “college professors” that needs to prove that they are right. It is uncertain if that will happen, or that inflation will go down meaningfully for that to happen
gpt
&gt;I dont agree with burry. I think no one knows if inflation will go down. And i also think its not certain at all the fed will cut rates. He is saying that fed wants to cause deflationary elements (raise rates more) to declare victory on inflation and then reverse. While that makes sense as the fed is a bunch of egoistical “college professors” that needs to prove that they are right. It is uncertain if that will happen, or that inflation will go down meaningfully for that to happen

I agree, I think he's wrong. 

Inflation is already down. Gas is down, inventories are up, supply chain is normalizing (though this will take time). The only thing that can't be solved for is labor costs and that was overdue for a correction. 

I don't think the Fed continues to raise rates. I think they have the data to pause. I don't think they cut rates either. Inflation isn't increasing but they'll keep rates relatively, to the last decade, high, until inflation cools considerably. We'll need to be around 1.0% for the Fed to really lower the rate.