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The Calm Before The Storm With Michael Kramer

Lead-Lag Live

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Is the Real World a Real World?

I don't really take this view that the government won't be able to finance itself, because we can print our own money, people are willing to buy our debt. And so I am of the belief that it's not likely to change anytime soon as long as we live in a world where things remain constant and people still want to pay with dollars. Inflation is both good and bad, right? If you get back to a dynamic where wages are growing faster than the inflation rate, that's actually a good thing for the economy. As long as you can maintain wage growth, that's really the key.

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