No I think we are in a deflationary environment which is even worse...
Many will lose their jobs.
If you remember back to COVID 2020 we printed all that money and nothing happened for years.
I expect the same type of situation to play out.
The bailouts we use to get out of this situation will hit us years down the road.
Yeah totally... the stimulus checks were given out, regional banks took those deposits and bought long term treasury bonds... but then Fed rates went up and squeezed them hard.
So... deflationary in the short term... and then galloping 20% inflation in the next couple of years? Is that what you're thinking?
No I think we are in a deflationary environment which is even worse...
Many will lose their jobs.
If you remember back to COVID 2020 we printed all that money and nothing happened for years.
I expect the same type of situation to play out.
The bailouts we use to get out of this situation will hit us years down the road.
Yeah totally... the stimulus checks were given out, regional banks took those deposits and bought long term treasury bonds... but then Fed rates went up and squeezed them hard.
So... deflationary in the short term... and then galloping 20% inflation in the next couple of years? Is that what you're thinking?