Well said. I largely agree with you except I would be concerned about debt if the path you talk about does come to fruition. When inflation starts showing, I think it will be very volatile - especially if the central banks around the world have lost their credibility. Their credibility is already taking a hit with the amount of intervention they are currently undertaking, which is having immense political and social consequences. Central banks are arguably the most influential institutions in the modern era. The public sector AND the private sector will feel the pain of what's to follow uncontrollable inflation, considering they are likely to be even more leveraged than their current dangerous state.
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Well said. I largely agree with you except I would be concerned...
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