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We Are Headed For A Deep Recession | Jesse Felder
The Macro Trading Floor
Is Inflation Here to Stay?
Jesse filder: Is inflation here to stay or not? What you take on that? E jess, i do believe so. I think here are obviously cyclical forces of inflation at work right now but there's also longer term, secular forces that i think don't probably get enough attention. We printed far too much money, put it in people's ands, and they're spending itor, or they, to a great extent, paid down credit cards and things,. Now we're seeing that credit card spending pick back up, andallowing for, i think, this demand driven inflation.
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