Amazing storm in Bend today. Over .5-.75” across a lot of town. Near quarter size hail, tons of CG, and even hail fog. Going on almost two hours of hearing thunder.
There was such a severe downturn during the onset of the pandemic that there was a very real risk of a full on depression. 5% inflation is a small price to pay for avoiding that. Central banks knew this which is why they goosed the economy hard.
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