I just heard a msnbc guest say, "Once inflation rears it's ugly head, in my experience (very old guy) only a severe recession brings down prices. (I hope that's

I just heard a msnbc guest say, "Once inflation rears it's ugly head, in my experience (very old guy) only a severe recession brings down prices. (I hope that's not the case.) Then I heard Kathy Woods say she predicts deflation in about a year. I my world of the poor, and low middle class we didn't get much out of the low interest party. I guess there's more jobs? We can't afford to speculate on stocks, and those high interest rate cd's were nice 20 years ago. We can't afford a home, so we didn't get those low interest rate mortgages. We can't afford new cars, and used car loans always seem high. Did you guys know the Homeless got 0 government money through the pandemic. (Off topic, but it just bothered me.) I just heard a big wig business guru say that Jerome Powell should be looking for another job. I think he did an ok job for what he was handed. What I will never understand about Jerome Powell is why had government buy the mortgage backed securities, and treasury securities for so so so long, especially since realeste and the stock market flourished during the pandemic? (Yes--I'm no expert obviously.)