Inflation and Its Impact on Interest Rates

Inflation and its impact on interest rates constitute the most important wild cards inflation outlook. We know very little about inflation, including its causes and cures. So i believe we should put even less stock in predictions surrounding inflation than in other areas. During last year's coven ten related shut down, the fed. Treasury and congress took drastic action to prevent a global slowdown that could have rivalled the great depression. The combination of these developments is estimated to have added rough y two trillion dollars to consumer balance sheets. 20 twenties above trend incomes coincided with below trend spending as we couldn't take vacations or spend money on dinners, concerts, weddings, et cetera....