The short clip embedded in this tweet is one for the zeitgeist of 2022:
https://twitter.com/tolstoybb/status/1528238901734780928Rach…
@tolstoybb
50bps/m is not enough.
TTI
@TikTokInvestors
Big Short 2 in the making.
- Broken link
B. What does “50bps/m” mean?
iii. Is the Fed raising interest rates to curb inflation or to give itself some headroom to keep from going into negative rates soon?
Yeah, someone must have removed it because it was edgy.
50 basis points and that /m was left over from maybe another link. I did not see that originally. Perhaps I muffed the link in my haste?