Hyperinflation Not Included

Photo by Adam Nir on Unsplash

I’ve griped about it for years. When I was a broker in NYC, anyone who was within earshot during the wrong news cycle would be subject to my mumbles and grumbles. At that time, news cycles meandered between “quantitative easing” and “taper”. At first, quantitative easing was what the United States (and other nations who followed) needed. The U.S economy was ill and needed intervention after the 2008 crash. QE was the medicine it needed…