NOW THAT KACKALA LOST WHICH OF THE FOLLOWING DO YOU MOST EXPECT
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Peter St Onge 3.5 minutes
https://twitter.com/i/status/1760295494469791906
Ouch. Debt is deflationary.
But – money printing is inflationary.
Two opposing forces. Which one will win out.
My call, for what it’s worth – a deflationary crash followed by an inflationary blow off. JMHO.
Depends on whether fiat survives.
Everyone sees money printing NOW AND AHEAD, so they are borrowing to park their proceeds into hard assets, like homes. Like Chinese did before Evergrande and CountryGarden. What? You don’t trust the banks?
Ouch. Debt is deflationary.
But – money printing is inflationary.
Two opposing forces. Which one will win out.
My call, for what it’s worth – a deflationary crash followed by an inflationary blow off. JMHO.
Depends on whether fiat survives.
Everyone sees money printing NOW AND AHEAD, so they are borrowing to park their proceeds into hard assets, like homes. Like Chinese did before Evergrande and CountryGarden. What? You don’t trust the banks?