oh that’s nothing. first he’ll bring in a monetarist like volcker and send us into a serious deflation. Then he’ll get a keynesian and send us into a serious hyperinflation.
you are probably right.
......Then he’ll get a keynesian and send us into a serious hyperinflation......
We will not have hyper inflation, merely carefully controlled inflation at something less than 7%. At that rate the problems will be solved by the doubling of the economy in about 10 years..
It is the age old solution from truly ancient times. It is always the course rulers follow.