6min chapter

Forward Guidance cover image

Inflation Is Popping The Biggest Asset Bubble Of All Time | Michael Kao

Forward Guidance

CHAPTER

The Fed's Quantitative Easing Is Not Inflationary

M m, t is a framework that i'm paraphrase and over simplify. Government deficits and debt by themselves are not a sign of malays, what's bad is inflation. We've had a money printing bonanza for the past two years. To me, it's undeniable, not by the commercial banks, but by the government. And yes, i mean, the the us Is not used to having fiscal constraint for 30 or 40 years.

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