> I'm not gonna bet against the fed. Im not going to bet against politicians protecting retirement accounts and personal homes.
I'll take a punt. At some point inflation will take root, and when it does the fed will be in a bind.
Hell, the fed has already been digging away at pensions with their 40 year long put. Pensions funds struggle now to find a positive yield that meets their liabilities.
And homes will at some point come under attack. Perhaps only when everything else is gone, perhaps not. They're a sitting target.
From my viewpoint in history, the homes will be the last thing to get attacked, politicians can't stomach another 08 and we know how to print our way out. If the dollar manages to fend off devaluation due to entended printing(crosses fingers and hopes the world trusts us more than any other currency to pay back our debt) the US may get out of this, ahead of other economies. The people really holding bag havent even entered the workforce, many havent even been born yet.
I'll take a punt. At some point inflation will take root, and when it does the fed will be in a bind.
Hell, the fed has already been digging away at pensions with their 40 year long put. Pensions funds struggle now to find a positive yield that meets their liabilities.
And homes will at some point come under attack. Perhaps only when everything else is gone, perhaps not. They're a sitting target.