I'm a boomer and I will tell you I hate the majority of boomers. They have done exactly as you say. There's a few of us (mainly late boomers) that hate what they have done. They inherited massive wealth from their parents and mortgaged their children's future. This generation is best summed up by the Beatles song "I me me mine". If they start dying from the jab, I won't shed a single tear
No doubt the future is deflationary but the question is how much does it inflate before then? And, it always inflates first. I think there’s a chance (10%?) that we inflate our way out of this for another decade. More likely is 2-3 years of rapid inflation caused by 20-30 years of systemic deflation.
I'm a boomer and I will tell you I hate the majority of boomers. They have done exactly as you say. There's a few of us (mainly late boomers) that hate what they have done. They inherited massive wealth from their parents and mortgaged their children's future. This generation is best summed up by the Beatles song "I me me mine". If they start dying from the jab, I won't shed a single tear
No doubt the future is deflationary but the question is how much does it inflate before then? And, it always inflates first. I think there’s a chance (10%?) that we inflate our way out of this for another decade. More likely is 2-3 years of rapid inflation caused by 20-30 years of systemic deflation.
I think it might actually be runaway inflation and they’re using ops to disguise. Best evidence i have for this is the Brandon meat packing discussion
We’ll see at least 10% correction on first rate hike IMO
QE is to keep housing flowing since regulations prevent banks from being as interested post 2008