3 ms·
>This will result in massive inflation. I hope there was a reliable way to simulate the outcomes. 1) Inflation is one plausible outcome. 2) The trade deficit
by stillworks 7y ago
>This will result in massive inflation.
I hope there was a reliable way to simulate the outcomes.
1) Inflation is one plausible outcome.
2) The trade deficit exists due to US (and most of the western world's) appetite for consumption I guess. Let's say if the price of a gadget (or any other product/consumable) I "may need" goes up beyond a certain point then I am not buying OR I am curtailing consumption. How long will that take to result in deflation ?
3) The for-profit companies may decide (but I guess not) to accept reduction in profits ? But then the securities markets will see the downward trend.
Unless there are smart people who can simulate and say which outcome is most likely... it seems inflation it is.