Loading ...Good points……as u say we get deflation after an inflation ….This time around some say they want a ‘tame’ inflation, to inflate away the lousy assets they took in after 2007 and all the debt they now have. Hence this talk if no wage inflation yet, as they actualy want inflation, for once.
Of course no-one has ever created and managed a tame inflation, which is why the likes of Dalio are long Gold and bearish bonds….
I read that Book Fed Up by the Fed insider and it is way scary, as she confirms thay haven’t got a clue, it’s all theory and hope….the only thing that holds it all together, which she is silent on, is the Rig….take away the Rig and the wheels would have fallen off years ago.