It is great that there are a lot of knowledgable Piggs here. I have one questions for all of you:
How is the posibility of the likelyhood of the a high inflation period after the this re-inflated stimulation?
I still remember the Carter’s time – inflation up to ~18%/year. One became poor real fast even working real hard. Look what we have:
1, still articially high house price
2, huge national debt
3, increasing national defit.
4, 1T or more borrowing
5, The continuation of the two wars
6, More borrowed stimulation are coming
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