The Bond Market Says It's Not Going to Happen

Inflation is money, and inflation means long run problems. If it's a long run problem, the bond market is going to find out about it, and it's going to trade upon it. And if the bond market says there is no long run inflation here, there is no money printing, then that's a pretty good, historically validated gauge of what we need to pay attention to over the intermediate, long run. Right now, the bondMarket is unequivocal saying, ye, biden may say these things, but it's not going to happen. There's a very specific reason it's not gonna happen. We can have gasoline prices become extraordinarily expensive and painful, but all that