Steigermorepower - 4/11/2021 19:11
IADAVE - 4/11/2021 10:15
I was thinking all this helicopter money would cause inflation. and it will.
However, if the bank has a $100 deposit, they can loan out $400, if I remember correctly. When the rona came out folks pulled back and stopped borrowing. That should cause deflation.
Perhaps we won't have as much inflation as we thought?
Some one correct me if I am wrong about loaning 4x the deposit.
Elephant in the room is devaluation and bonds and who buys those bonds.
I’m only concerned about inflation vs deflation based on this.
You see we are buying our own debt.
If the dollar becomes so deluded and mistrust then the spikes in the system become interesting.
Hopefully powers to be understand something common folk don’t.
I don’t know the numbers but Gov backed loans are everywhere.
Hope I’m wrong
Poor side tracks etc..