My forecast is this is the peak print we will see on inflation. In fact, I feel certain we will see a slowing (again) in the velocity of money when the second quarter numbers are released.

It's quite likely to happen dear.
The point is that I do not see any developing country that can resist against a stronger dollar scenario. Social and political problems are growing day by day and the main reason is money as usual. It's like no sum game.

I hope to see global cooperation to deal with the Avalanche of debt in developing countries. The system is hardly operating 😑

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