I believe governments around the world will hyperinflate their problems 'away' as their 'solution' before they introduce a new digital currency (debt write-off), but wirst we need a huge deflation problem that will make everybody WANT their new-privacy-killing-digital-solution.
I agree with your analysis but not with the reasoning.
We are entering largest recession in recent history and we are not acting like it yet.
Recession means years of decline, significant deflationary contraction of the economy, falling prices and wages as well as standard of living, this will facilitate economic restructuring and we may see another bull market in few years.
Governments cant hyper-inflate their problems because, the money they as people say "print" never ends up in the hands of consumers, and even if it did - we have vast markets to spend the money, there is no scarecety yet.
Inflation is only a problem if there is nothing to buy and money supply is growing.
if store shelves become empty - then inflation will become a real concern.
first arrow is too soon, but i still think the outcome is the same
MARKETDATASHOW
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I hope this happens soon
tantamount
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weeeeeeeee!
tmelodyman
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Bubble has 5 more waves to the upside. expect the dow to top at 40/45k and then back to 15k.
RomanLosev
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only 6 months? imho 6 years..
RobBiddle
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We're in a recession, but you have to zoom way out to notice. The recovery from the initial COVID shock is still making it look like the economy is growing. It may take another year for that effect to disappear. When more stimulus is introduced it will likely blow the bubble bigger.
The recovery façade & stimulus combination makes it hard to say when the markets will decide they are overpriced. When it does though it will likely be ugly, and I'm guessing the Fed will quickly change its tune regarding negative rates, since that will be the only chance they have to stop a massive market melt-down.
We are entering largest recession in recent history and we are not acting like it yet.
Recession means years of decline, significant deflationary contraction of the economy, falling prices and wages as well as standard of living, this will facilitate economic restructuring and we may see another bull market in few years.
Governments cant hyper-inflate their problems because, the money they as people say "print" never ends up in the hands of consumers, and even if it did - we have vast markets to spend the money, there is no scarecety yet.
Inflation is only a problem if there is nothing to buy and money supply is growing.
if store shelves become empty - then inflation will become a real concern.