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Practical Investing With Adam Taggart

Lead-Lag Live

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Is the Inflation Story Secular or Just Transitory?

I don't think the inflation story is secular, but pretty much all guests that I have are kind of on that mindset because that's what's what's hot now. My bias is to think that long term, all this debt will resolve itself in some kind of default at some point. The odds of that happening, I think are very low. No politician wants to preside over that. We'll always choose to inflate if we can get away with it. If I had to make a bet on this, I think we probably will in the long arc through currency destruction, then versus Debt Default.

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