03-19-2020, 08:12 PM
(03-19-2020, 07:59 PM)cardcrimson Wrote: Time to go long on food futures and gold. Gavin just set off a period of significant "stagflation". Brilliant.
:ow inflation has concerned the Fed for 10 years. Next year, they can ratchet up interest rates, depending on how much the taxes on the rich are raised to help finance the trillions of spending to support the unemployed and underemployed.
US inflation was 18.1% in 1946 and 8.8% in 1947 after it was suppressed during WWII.