Nouriel Roubini: MMT Has Become Mainstream, Stagflation Coming
“By next year we can be in stagflation”
“By next year we can be in stagflation”
Even the largest deficits in history aren’t enough to keep up with the Fed’s printing presses
The wealthiest person outside the US is Frenchman Bernard Arnault
Observably, the Fed’s current QE-Unlimited program is having different and more powerful effects on lending and the money supply than its past QE programs
N.C. Wyeth, 1939
If the wealth divide of the last decade looked bad, just wait for what comes next
Stocks now solidly out ‘yield’ bonds by the most since 1955 and by roughly the average amount from 1871 through 1955
The Fed’s balance sheet has grown 62% since September
Via Joshua Stevens
The world isn’t going back to normal anytime soon