/biz/ - Business & Finance

>>58100505
*cut rates in 2025 either

If you adhere to Austrian and Chicago school monetary policy theories you'd know that there is still too much money in circulation which has INFLATED the currency and any ailments the economy is suffering from won't be ameliorated until that money exits which takes a long time. Don't forget that something like 45% of all dollars in circulation were printed and injected into economy throughout a period of 12-18 months back during the pandemic. That second stimmy round is the reason why inflation popped higher again recently after having been kept under wraps for a few months. Basically we still have to deal with that second round of stimulus and then revert to pre-pandemic levels. It's a huge double top hump we're dealing with, so visualize that. This is precisely what happened during other periods of high inflation throughout the world in the last 100 years. Mind you, there is also latency to be dealt with. It took on average something like 2-3 years from the moment inflation fighting measures were enacted to when inflation was stopped and another 1-3 years to when it was actually curbed back down to previous levels. Currency had never been printed at the levels of Covid so we'll see, maybe it may be longer. Could be a lost decade. "TOO MUCH MONEY CHASING TOO FEW DEALS", remember that. This is why everything is fucked.

TL;DR: It's a long way to the top if you want to rock 'n' roll

Source: I'm an autist (and probably schizoid) who has too much time on their hands and is actually doing pretty well financially