Will the stimulus package cause inflation?

[Taggerung]

Originally Posted by NJ Brazen_3133

You can say the same for precious metals. Who really uses precious metals besides heavy industry, or fashion industry? There is only a handful of people who really "need" it or use it. Everyone else just keeps for ornaments, or waiting for someone to take off hands at higher price.

Some people have a farm for a home. They can sustain themselves with it. Or some people own and live in a multi-family, and can rent out.

Money in some form or another will always be relevant. Gold and silver are the purest, most honest forms of money.

In the coming economic crisis, whatever real estate you own is going to collapse to a fraction of is current value (measured in today's currency.)

[heart84]

Originally Posted by lifeexplorer

If yes, how and when?

I think we will have a major inflationary cycle about 2-3 years out from now. We will have a massive deflationary bust first going into the later part of 2020 and into 2021. The Federal Reserve will be expanding their balance sheet into the $15-$20 trillion range, will overshoot, there will be some lag from the extreme deflation, and then we start trending into the inflationary cycle due to record-setting extreme CB balance sheet expansion.

[redguard57]

No, we'll see a significant decrease in demand for everything as this goes on. In the Great Depression there was a lot of deflation.

We might see inflation in the long term due to the debt. But not in the near term. $2 trillion is barely going into cover the fall in economic activity.

[nealglen377]

I think the people in third world countries will take the biggest hit.................but it's always been that way.