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Inflation has been hidden since the Obama years of quantitative easing due to globalization. You can pump cash into the market and, if you keep the cost of cons
by atlgator 6y ago
Inflation has been hidden since the Obama years of quantitative easing due to globalization. You can pump cash into the market and, if you keep the cost of consumer goods low by outsourcing to 3rd world labor, the CPI doesn't increase. Meanwhile, the cost of items that are produced here, e.g. homes and cars, skyrockets. Trump has continued the trend of pumping the market and accelerated it in the last few months at an alarming rate. Problem is, globalization is decreasing as countries isolate. No place to hide the inflation. The stock market will continue to increase despite the bad news.