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If the federal reserve can simply prop up

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wadirum1 Member Level  Friday, 05/22/20 12:26:08 PM
Re: zen222 post# 203
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If the federal reserve can simply prop up asset prices at whatever level they want, then we are in a new era.

I'm not sure I like it.

I think a word we are going to be hearing more of over the next 6-12 months is "stagflation." Some people used to estimate that it takes about 1 year or a bit more for money supply increases to turn into inflation. But then that didn't seem to hold any longer. I guess I'm just too set in my ways to start believing there's no connection left at all.

I am nearly entirely in cash.


I am obviously NOT an investment advisor.
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