Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
b_b · 1707 days ago · link · · parent · post: NY Fed says it will offer $1 trillion in daily repo operations for rest of the month
I'm not sure. Big inflation has been predicted since '08, and interest rates are now falling. I think now's the time to print until the presses fail, inflation be damned. It's a crazy econ experiment when the economy goes from pretty good to 0 in the space of a week. If I'm not mistaken, the restaurant bizz employs more people than any other, any it just disappeared in a day. This is full on SciFi for economists, so I think predictions are gonna be hard, especially about the future.