Even if inflation is 3% it is still eating your lunch.
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It’s better than 6% inflation.
It’s also better than an economy that stops growing and producing what we need.
A damaged economy is what causes harmful inflation as evidenced by countries like Venezuela, Zimbabwe, and Iran.
A damaged economy is what causes harmful inflation as evidenced by countries like Venezuela, Zimbabwe, and Iran.
If governments are selling bonds that produce negative yields, I would say we are already have a damaged economy.
Governments are printing money and bonds have negative yields, how is this possible? Where is all of the funny money going?