Isn't the Real Issue That Tramos Says Inflation Good?

David Rothkopf: I think we should go to camoth to explain his tweet storm, then i'll respond. The reality is that most people, so the lower 60 % of the income distribution, essentially spends above their income write. When you get to the richest, a 20 % of the population, they are actually able to save, and they save about 13 cents of every dollar. And they are able to invest in the future. So inflation comes because of gross tonnage of volume. We've now started to print trillions of dollars of incremental consumption. That's going to start to lead to the most simple ways in which consumption manifests an inflation, which is via commodity prices