Post by
Redrum180 on Dec 01, 2020 4:11am
Explosion In Demand Coming
The USD will need Zimbabwe-type numbers to keep up with the inflation which is almost certain to hit due to pent up demand and HUGE government money printing to bail out states that have deficits going through the roof.
As far as a potential stock market crash, it's a game of musical chairs but right now the music is playing VERY LOUDLY. I'm just hoping I find a seat when the music stops.
To those arguing about the election, I think you all know I'm a Trump supporter but I promise not to debate the election results here; nobody will convince anyone; that's why there is such a sharp divide in the electorate. I'm not telling anyone else what to do; only my wife can do that. (DING! SEXIST COMMENT ALERT)
I will discuss politics only as it relates to the markets, and here's my short statement:
Whoever winds up as President is going to preside over the next inflationary boom and bust. The numbers are getting too big to fit on a page. It's going to be an interesting few years, no matter what.
Mark
Comment by
MarcusA on Dec 01, 2020 4:37am
Mark, I guess you are right, at least about inflation (I suspend judgement about your wife.) Any idea when this will kick in?