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Get Ready for the Return of Inflation

2 pointsby spkingabout 5 years ago

1 comment

sovaabout 5 years ago
Interestingly enough, when Kuwait did basic income issuances to the general public (everyone) they could not mitigate a spike in commodity prices every time the fund was dispersed. They continually blamed the finance ministers and heads of economy, but if you inject a ton of cash into the system, the inflation will be felt somewhere. However, thanks to the staggered nature of the delivery of the stimulus of March 2020 it seems that the US will probably weather the storm with minimal increase in inflation, because the reduction in [restaurant and other] food demand has lowered commodity prices. My guess is that they will level out over the next 6-12-18 months. Economics is awesome.
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