@RKHilbertSpace my guess is that inflation will heat up before we have a big downturn. Fed is necessarily reactive.
@RKHilbertSpace will get it. ZIRP and QE will do it eventually. They won't tolerate any big downturns yet.
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@RKHilbertSpace nominal GDP growth is good enough, right?Thanks. Twitter will use this to make your timeline better. UndoUndo
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@RKHilbertSpace oh yes, government spending is the other key component to money printing. deficits will continue, whether it helps econ or n -
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@RKHilbertSpace of course. they'll just keep up the usual situation of deficit spending and deferred costs -
@RKHilbertSpace which I suppose works ok as long as tech and population growth keep advancing fast enough
End of conversation
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