The inflation already happened in the money supply last year. We just get to ride out the economic consequences of its ripple effect now.
You are viewing a single comment's thread from:
The inflation already happened in the money supply last year. We just get to ride out the economic consequences of its ripple effect now.
Inflation in the money supply often isn't felt in the real economy for some time...
And the effects are irregular, especially when it happens to such an extreme degree. The stocks, bonds, and real estate market are where I would expect to see it hit first, and here's your post.
Yea, it will be interesting to see how the FED responds. They can do nothing and just ignore it, they can back off their buying and let the free market dictate rates, or they can dig in and buy even more...