Yes.
Only natural that those of us who have been able to secure our retirements and have a few scars from past years are thinking, A bird in the hand is worth two in the bush.
That can kicked down the road 14 years ago has been amplified. Extreme debt levels across the board with consumers, corporations and governments servicing loans that are rolling over to higher interest rates. All hoping that the inflation genie gets stuffed back in the genie lamp.
It’s been a wild financial experiment and no one seems to know the outcome. Well, we know what happened with the Roman Empire.
https://www.stlouisfed.org/-/media/project/frbstl/stlouisfed/education/lessons/pdf/inflation_and_the_fall_of_the_roman_empire.pdf?la=en
PLS chart, page-9426
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