To: Browns Ultra Fan
The Fed added $4 trillion to their blance sheet, of course these ratios are going to drop.
Deflation? Huh?
To: Toddsterpatriot
Exactly, with GDP as the numerator and massive helicopter money as the denominator, the ratio is bound to be low.
8 posted on
06/21/2021 8:36:20 AM PDT by
Codeflier
(Covid-19 taught me: Two types of "conservatives", frightened safety seekers vs. freedom lovers)
To: Toddsterpatriot
If/when velocity collapses Fed policy becomes useless—the more money they print, the more people hoard, etc. If the surge in inflation is just temporary, we’re back to worrying about deflation.
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