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I'm aware, perhaps I should've been more clear. By "go down", I meant a loss of confidence in the nation's currency/debt.
by jonathanliu 6y ago
I'm aware, perhaps I should've been more clear. By "go down", I meant a loss of confidence in the nation's currency/debt.
- lmm 6y agoWe'll see some inflation. Savers will be worse off in real terms; retired people will have a worse time of things over the next few decades. But it's hard to imagine it getting completely out of control: there's no alternative, and no actual shortage of real goods, unless the pandemic reaches the point where it's actually limiting production of things like food, clothing and so on.