
MacroVoices #344 Alex Gurevich: A Deflationary Depression Lies Ahead
Macro Voices
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Is QE Good or Bad?
I think clearly fiscal policies clearly no doubt if fiscally you're gonna hand money out that's inflationary. If for every dollar you hand out your issue of bond which is not being bought by a central bank and by somebody else you're sucking this money right back out of the system, he says. "Someday the way the shit really hits the fan is the day we get to secular inflation" I've said it's coming and I don't know when but there's an awful lot of evidence that we may be headed into a new secular inflation according to John MacIntosh.
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