I’m struck by the massive gap between those who foresee significant inflation and those who expect historic deflation. There seem to be more in the deflation camp right now: https://twitter.com/raoulgmi/status/1246046159573069825">https://twitter.com/raoulgmi/...
The 2008-2009 wave of money printing didn’t stoke inflation & many believe that this time will be the same. The distinction, as MS’s Wilson puts it, is that this time we’re getting a significant fiscal stimulus. Still, the consensus appears to be deflation.
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