Get ready for another round of inflation.
Before the last “quantitative easing,” a deli lunch cost $5.
A few years after it, the same lunch cost $10.
I imagine in a few more years, it will cost $20.
With all the funny money being thrown out there in the past couple of decades, one would think inflation would be so rampant that an egg would cost a hundred bucks. I still don't know what's keeping it in check. Perhaps the fact that markets are all global and the pain is being spread around the entire world community, rather than in the place of origin. I don't know. It's weird.
Trump's biggest weakness is monetary policy - he seems clueless about it!
Here goes the Fed, monetizing 700 billion in government debt today. Just what the HELL??!
Oh BS.
Get ready for another round of inflation.
Get ready for complete asset deflation across the board. Cash is king.
Get ready for another round of inflation.
A lot of money seeking a place to land.
Where will it try to land?
Real Estate? My real estate mutual funds have done well and didn’t drop as much in this crises. I have rental properties that are returning me about 6% to what I consider fair market value. But that 6% is a return to my labor, money and mgt decisions. What stops me from buying more rental property is the growth in regulations and I am getting older
Stock Market? The stock market has inflated it’s way to high prices, not earned it in my opinion
new small business? only if the regulations are reduced. This crises might be an opening for that with Trump in place
Spend it/consume it? This creates a lot of activity, but does not create wealth.
Any other thoughts?