Is this good news ?, page-104

................My personal view (gut feel) is that the inflation figure is going to be in the 4-5% by Dec 2021.................

Have to challenge you on that one GF. I can imagine lots of price increases however I just cant see the other half of true inflation pressure and that is wages so what that really leads to is a decrease in disposable income that in turn leads to discounting of consumer items in turn leading to lower confidence and eventually stagnation or at best a 2 speed economy. Unless or until you lower unemployment and begin to increase wages inflation cant really get a grip - certainly agree here in Aust we will see lots of price rises within this year. Fuel up, shipping up gov charges probably up but wages not so much ! Just dont imagine even with a couple trillion released into the USA economy it will be much different within this year and as for Europe well I just dont think anyone can figure them out just now. While I am at it I understand the gold/bitcoin argument however dont subscribe to bitcoin ultimatley holding GP back - Golds fortune (sorry) is still tied to the change in the strength of the dollar. I'm with those who see a healthy but not silly increase in the GP over the ensuing months.
I do admit to having been wrong once before - there was that 1 time I thought I had made a mistake