3min chapter

Coin Stories with Natalie Brunell cover image

David Hunter: Where is the Melt-Up and Deflationary Bust?

Coin Stories with Natalie Brunell

CHAPTER

The Impossibility of a Soft Landing

The party in power is really managing the economy and managing the budget using MMT thinking, you know, we can expand debt inevitably. When inflation breaks out, it really starts to tie your hands as a printing press or any central bankers hands. That's why they're tightening and they get a lot of criticism because people don't like the pain. I just worry that they don't understand leads and legs. But they're a real story Because they will have a printing press next in during the bust because I think it will be a deflationary bust. They'll be able to print their way out of it, not that it's a good idea.

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