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kickst@rter

2,988 Posts.

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18/01/21

10:26

Post #: 50238398
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Originally posted by thorburn: ↑

How else can the FED keep interest rates low, stoke inflation and inflate employment.. Plenty more this year. Tomorrow's Senate elections will dictate the volume of USD pumped into the US economy. Consider the slow rollout of Trump's miracle vaccines it looks that unemployment may not peak till mid year.

Together with the FED, the US government could easily follow up with more trillions to shock the economy into a turn around. Both will not hold back.

It's not out of the question that the AUD reach parity 2021. It put a cent on in 12 hours Friday. 23c till parity and it's only January 2.

The settings for hyperinflation and asset inflation are close to a perfect storm.

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Asian asset bubble all over again.

Even house price have gone up during an economy crushing lockdown.
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