This does NOT, however, suggest hyperinflation. The Fed would likely yank up interest rates well before prices reached such catastrophic levels. Rather more likely, "galloping inflation" is not impossible. Especially given that the Fed will likely be on its' own as the Congress would rather endure slow torture unto death that raise taxes in a concerted effort to depress demand. So, for the investors out there, best to hedge against increased inflation followed by a period of slow growth. (That is after an immediate post-pandemic surge.) You get what you pay for - and the American public bought it. "Eat, drink and be merry, for tomorrow you will pay higher prices for it!"
Type-o: This sentence - "The question might ask the USG - for United States Government, but that seems to narrow."Should read - "The question might ask the USG - for United States Government, but that seems TOO narrow."
Scroll Down to Read Other Opinions
Be the first girl to share an opinion and earn 1 more Xper point!