“...the negative consequence (higher inflation) is about to hit lift off.”
About to? Gas was $1.86 a gallon when Hussein Obama took office. Now its $3.17 a gallon where I live. That’s a 70% increase.
Last year a baked chicken was $4.99 at my local Walmart. Now it is $5.99. That’s a 20% increase in a year.
With the printing presses running non-stop, this will only get worse. Currency debasement is a cancer that will eventually cause the death of the economy.
Well, the standard poor man’s protein-peanut butter was $1.00 now it is $2.25. That’s 125%.
Of course, food and gas aren’t included in Cola calculations.
So far the money printing propped up the market. How much longer before a 1929 or 2008 crash or worse?