All This Monetary Stimulus Is Like "Pushing On A String."

6 minutes

There is a growing consensus on Wall Street that Inflation is right around the corner.

 

And when you first look at the numbers, that seems like a reasonable explanation of what is occurring in the economy. Currently, Congress is debating yet another Stimulus Package. This package is expected to come in at just under $2 Trillion Dollars. And an impossibly large amount of money added to our already over-sized debt load.

 

But it is the cornerstone of the Biden Relief Package, and the democrat lead Congress is expected to follow through on this.


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