Posted 4/19/2022 21:04 (#9621832 - in reply to #9621693) Subject: RE: What if the fed doesn't get inflation under control
SE SD
We don’t have the huge boomer generation working and spending like we did in the 70s.
Look up the dollar milkshake theory. The theory basically says the dollar will go much higher. This would be bad for the US farm economy. From what I very loosely understand it would lead to deflation in dollar assets as other currencies see hyperinflation. Whatever happens it’s not going to be good.