I think this is just another blatant indication of the Fed’s intention to inflate asset prices….Worse yet, what is alarming…There is no indication on what the criteria will be for them to stop…
Cash holders/fixed income folks will once again be the screwed ones….
Morale of the story…(1)Buy something tangible. At this point, it most likely will be better than holding on to USD in the majority. (2) If you’re still mid-career in your 30-40ies and were planning an early retirement…Think twice. Might want to leverage your earning power years a little bit longer…Never no what’s gonna happen 5,10,15,20 years if we continue down this path….You might be asked to retire eventually sooner than expected anyway…(3) Defer paying off your mortgage debt as long as possible….
