That’s what the government is: a big fountain of money.
Inflation is surely on its way. Time to invest in hard assets.
the big elites including the congresscritters all took their cut when they crashed the stock market....
“Inflation is surely on its way. Time to invest in hard assets.”
Maybe not. There is a very large international demand for dollars due to a massive issuance of dollar denominated debt by non-US economies, creating a $13 trillion “shortage”. They require dollars to service it.
There’s a good article on this at Mises.org:
“Why the World Has a Dollar Shortage, Despite Massive Fed Action”
I wouldn’t be so certain to expect inflation off this. The amount of economic destruction exceeds what has been handed out, and the deflation from debt default will be quite large.
Inflation is surely on its way. Time to invest in hard assets.
...
How many times have the FreeRepublic monetary experts said this over the past 20 years?