April 16, 2020
Could Inflation Be Around the Corner?
A non-expert’s guess-view:
Traditionally, a depression is accompanied by deflation, and wars are accompanied by inflation.
What about a depression attendant to a war against a virus?
It seems to me that, because the Trumpian administration will probably continue to do everything wrong without fail, the U.S. will get in such a hole, and so many people will be so desperate for relief, that doling out cash will eventually become overwhelmingly politically necessary. Therefore, I think the case for a surprising (to most) uptick in inflation is a good one.