First the Deflationary Deluge of Assets Crashing, Then the Tsunami of Inflation
by Charles Hugh Smith via Of Two Minds Once the pool of greater fools dries up, stocks crash regardless of what the Fed does or bleats. The conventional view is the Federal Reserve creating trillions of dollars out of thin air will trigger inflation. Not so fast. Yes, creating trillions of dollars out of thin air will eventually devalue the purchasing … Read more