Will be the outcome of a monetary policy that strives for a better economy
Could Fed/fiscal be trying to move US to the higher nominal GDP line? A quick 30% shift up effectively fixes some of the debt and spending issues unless inflation genie (and rates) gets loose.
The coming transitory inflation
Could Fed/fiscal be trying to move US to the higher nominal GDP line? A quick 30% shift up effectively fixes some of the debt and spending issues unless inflation genie (and rates) gets loose.