U.S
Economy
Another
Set up for High Inflation
AND
High
Interest Rates?
(1970’s
Redo?)
DYI: Budget deficits as far as the eye can see pilling on top of an already bloated national debt at 123% greater than yearly GDP. Forcing the Federal Reserve to monetize (money printing) an ever greater portion pushing long term inflation closer to the 4% rate unless unchecked I see another redo of the 1970’s culminating in double digit inflation along with double digit interest rates. See charts below.
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