Dewey Fernfield
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
The problem with your analysis is that you only look at one side of the equation. While the monetizing of the debt may be inflationary, you are ignoring all together the fact that money destruction is also happening currently at a rate we have not seen for decades. The FED is not going to let inflation run rampant, because the biggest losers in a high inflation environment are the lenders, who are the banks. The FED will not allow the banks to suffer losses due to inflation destroying the value of the money in their loan portfolios. Inflation reduction is… Read more »