Well, yes. Dump two trillion down the toilet and the result is inflation, big time.
Don’t be surprised if gold doesn’t double from here.
Along with oil, milk, bread, hamburger, and everything else.
Elections have consequences. Elect corrupt and incompetent boobs into office and sooner or later the consequences come home to roost and take up residence and you wind up living with your brother-in-law, or he winds up living with you or you all wind up living in your car.
You think not? Just wait.
A lot of people are having a hard time coming up with $2000 (or so) every month to pay their mortgage. But, with enough inflation, you may end up earning $2000 an hour, in which case paying your mortgage would be a breeze. Whoo-Hoo! No housing crisis!!
Yup and who’s holding the paper??? Hmmm....
We could start turning this fiasco around if we could become energy independent.
Drill!