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Old 07-20-2020 | 12:29 PM
  #1567  
Andy
Gets Weekends Off
 
Joined: Mar 2006
Posts: 5,213
Likes: 14
From: guppy CA
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Originally Posted by domino
agreed. Trump knows he’s going down in November, and not only going down, but he will be Crushed! There will be no cares 2 because he will want to take the economy down with him. By December, the US economy will be a crater in the ground.
While I see a Biden presidency (insert vomit emoji; he's even worse than Trump) as very likely, I'm also not counting out Trump being reelected.

As far as the economy goes, the world's central banks will keep those electronic printing presses going to keep the economy afloat. There's no sign of inflation right now so they can afford to do this.
While I share others' concerns about inflation, the excess liquidity in the system isn't chasing goods and services; it's chasing assets (stocks, bonds, real estate). So the inflation is only seen right now in investments.
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