Jesse Felder on "Inflation" - April 3

[dan_s]

I believe that the multi-$Trillion spending bills coming from Washington DC will eventually cause hyper-inflation. This is a Big Reason why hanging onto companies with lots of oil reserves is wise. A lot of our "Elite Eight" should be in everyone's portfolio for that reason, plus with oil in the $60s they will be generating lots of free cash flow and higher dividends this year. When we move out of "Pandemic World" and into "Hyper-Inflation World" the price of oil will quickly move over $100/bbl.

Quotes from Jesse Felder:
“The more money the Fed creates to suppress interest rates and maintain asset inflation, the greater the risk of losing control of “real world” inflation and its perceived control of asset prices.”
“Monetary Money Threoy” (MMT) ignores the fact that printing money and monetizing debt – even when that debt is partly denominated in local currency – led to devastating inflation in Austria, Hungary, Poland, and Weimar Germany during the first half of the 20th century.”
What is MMT?: https://www.investopedia.com/modern-mon ... mt-4588060


What happens when the U.S. debt is so large that we can't pay the interest? https://thehill.com/opinion/finance/545 ... 11e29496bd