Originally Posted by
SonicFlyer
Yes, but they lag. And the early recipients of the new money get much more value from it than those who receive it after it has been in circulation a while. This is why going in to debt to acquire productive assets during a period of inflation is possibly the best move.
like the government just did. They locked in several trillion at sub .5% interest. That’s part of the reason why the fed dropped rates to near zero before the $ was spent. Thier “productive assets”. The USA economy. Now it’s time to start getting that money back and getting out of the free market to control inflation. Like last time with the banks and automotive industry. I’m not saying it was right or wrong I’m just describing the thinking behind it.
Last edited by fcoolaiddrinker; 11-06-2021 at 09:32 AM.