Post by
Torontojay on Oct 30, 2024 8:43pm
All roads lead to inflation
The US government cannot afford a recession as their deficits will be even worse. They need people employed so they can generate more income from taxes. This is precisely the situation we are dealing with. They have to
inflate asset prices, create more government jobs which is a boost to gdp but with a caveat. In the long run they are crowding out the private sector which hurts productivity. It's like a cocaine user gets a jolt immediately after a hit but it never has a happy ending.
Comment by
DZtrader on Oct 31, 2024 2:48am
..................... and viscious tariffs along with unfunded tax cuts would....................???
Comment by
Frankie10 on Nov 01, 2024 3:33am
Sounds like a bull case for H&R Reit. I will not bother you with the details. Bitcoin also dosn't mind the monetary inflation, when priced in the debasing fiat. *checks price of Metaplanet and MSTR as the music softens and the screen fades to black*