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SC WI | In 08 everyone was saying it is going to keep going up, then it crashed.
Now everyone is saying it’s going to crash…..
But yes the government is running out of tricks to mitigate a crash. They can’t lower interest rates much more, they really only have the ability to pump money into the economy, or keep money velocity moving.
ETA: some of this inflation is happening because of the stagflation since 08. Things have to catch back up to where trendline is.
Edited by Excalibur 9/12/2021 23:04
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