4 ms·
Snapping up gold in what I see as the inevitable return of inflation. The US is aggressively deficit spending in the boom times and in order to keep up this un
by wyxuan 7y ago
Snapping up gold in what I see as the inevitable return of inflation.
The US is aggressively deficit spending in the boom times and in order to keep up this unsustainable spending in the bust times, the gov't will have no choice but to juice inflation.
- hwatkins 7y agoI agree, there is really no palatable option than for the government than to run inflation high, much higher than the 2% target. The next downturn will see some extraordinary measures, maybe it’s already starting with the 10-year treasury at .5%. Really the only other option is a deflationary bust and nobody’s political career will survive that.
- deleted 7y ago[deleted]