system
A chat on subreddit /r/wallstreetbets
human
Bear Thesis:

Market is pricing in a pivot.

JPow respects Volcker.

Volcker literally wrote a book called 'Keeping at it' - which explicitly warned against pivoting until inflation is completely dead.

![img](emote|t5_2th52|19738)
gpt
You do realize you’re talking about the same guy who didn’t think inflation would be a problem while buying tens of billions of dollars a month in bonds with full employment and broken supply chains. Respects volcker my ass. The idea jpow is suddenly a policy Hawk is hilarious to me. I don’t understand why people continue to believe this with all of the evidence to the contrary.