Seems unlikely now, but just wait. Neither the US, nor the UK, is "out of the woods yet.". Remove the massive government stimulus, and you will see the true horrible state of the economy. But the stimulus cannot be maintained forever, because governments cannot borrow unlimited amounts.
Are we going to have hyper wage inflation coupled with this hyper price inflation? If we have 20% CPI and say 5% wage inflation for a sustained period, it won't be long before the population starts revolting.
What about stagflation^
Sueezedtight 2 years ago
Y shaped economy?
Seems unlikely now, but just wait. Neither the US, nor the UK, is "out of the woods yet.". Remove the massive government stimulus, and you will see the true horrible state of the economy. But the stimulus cannot be maintained forever, because governments cannot borrow unlimited amounts.
BubbFromGEI 2 years ago
Great stuff. Keep it coming guys.
PersianPaladin 2 years ago
Are we going to have hyper wage inflation coupled with this hyper price inflation? If we have 20% CPI and say 5% wage inflation for a sustained period, it won't be long before the population starts revolting.
ponzi6 2 years ago
panic of the dollar debase will do that - hyperinflation
overseachininadoll 2 years ago