TradingView
RealMacro
Jul 13, 2021 9:54 PM

MMT Never Saw Inflation 5.4% Coming. Long

RATEINF/INFLATION_USAQUANDL

Description

Remember what #MMT told you.

-Deficits are a Myth
-Don't worry how we are going to pay for it
-Inflation is the limit
-FED has the peddles backward ZIRP doesn't cause inflation
-Printing for the people's economy
-Don't let endless trillions scare you
-Its "Transitory"
-We have fiscal space to spend MOAR!

Inflation 5.4%

Bumper sticker economics is just that.
Comments
Hedge_Of_The_World
I’m so Fed up. The market is distorted beyond belief because of these central banking nut jobs. I genuinely miss price discovery and short term technicals that hold up.
RealMacro
@Hedge_Of_The_World, Amen brother! The problem is that we are in deep trouble now bc as far as I can tell there is no out.
What are we going to do? Raise rates? Good luck with that without collapsing private credit growth. Pump more money
"for the people's economy"? Good luck with that too, inflation will just get worse and commodity prices will keep rising.
The deficit myth is just that a myth. The law of diminishing returns will always win. Funny how something so basic
is being challanged.
fritessayahpronor
INFLATION ENCOURAGEMENT LE MARKET DU MARCHE JE SUIS LA DEVANT ECONOMIQUE LE DOLLARS USA.
More