Has the Fed released the Inflation genie? (conversion, debt, buying)
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Hard to say if it's only due to the Feds. Many companies hurting due to the pandemic are raising prices now to try and recover revenue. I even see it in small stores and restaurants where they have raised prices to stay in business.
Most of us are choosing where we spend the dollars we have ,so for every winner there is a loser ..most of us are buying this Or That ..we are not buying this AND that so whatever extra something cost is that much less another business will get .
This is just the beginning. There is no possible scenario where hyperinflation is avoided.
I'm not convinced the global economy is ready to come roaring back. Why? TOO MUCH DEBT.
DEFLATION first......remember DEFLATION CAN'T BE AVOIDED, only postponed and that's what FED Idiots have been doing since 2001.
This is just the beginning. There is no possible scenario where hyperinflation is avoided.
What about the scenario where the USD is the standard and other countries have a desired conversion rate or range that they will tolerate and will intervene to keep that? Of course, them weakening their own currency gives them the ability to spend, which politicians love.
If countries intentionally devalue and set policy in lockstep with the dollar, it’s almost as if nothing changes. It’s all relative.
You do also realize that hyper inflation is generally defined as 3 years of 100%+ inflation? We don’t even have close to double digit inflation let alone triple.
While you ramble on about hyperinflation, the fed had been ramping up and fighting the possibility of deflation for the last year.
Last edited by Thatsright19; 04-12-2021 at 06:15 AM..
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