To be followed by hyperinflation as all they money seeks a home as trust is restored?
Or to vaguely prop up the prices of overinflated assets to keep them from deflating completely?
Or a combination of both, in different sectors (falling standard of living)?
Only time will tell.
Cheers!
“To be followed by hyperinflation as all they money seeks a home as trust is restored?”
Maybe not. That depends on how much credit destruction is going on inside the banks holding toxic paper. The amount of credit collapsing may dwarf the billions in the bailout.