DU economist people, will we see inflation or deflation
?
So many people are without work the price is kind of have to come down if you want anybody to buy anything.
But theyre just going be printing money (I guess?) So thats got to be inflationary. What do you guys think?
flibbitygiblets
(7,220 posts)housing prices will drop. Or that the bubble will correct, at least.
mahina
(18,909 posts)Makes sense certainly.
exboyfil
(17,985 posts)I passed on an opportunity to purchase at about .7% + inflation yield ( 10 year I think). The rates have now gone negative. The 15 year TIPS mutual fund is up 20%.
mahina
(18,909 posts)Thanks very much
Sounds rational
Chainfire
(17,757 posts)Here is the opinion of a plumber:
If you flood a market with anything, oil, apples or dollars, the value of the item goes down. The government is printing money like there is no tomorrow. When the value of the almighty dollar goes down, it takes more of it to buy a product. That is inflation.
mahina
(18,909 posts)Read you on that one
🤙🏼🤙🏼
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