I've gone from "I don't know enough macro but I don't see how 2020 can happen without insane inflation eventually" to "I don't know enough macro but it sure seems like the insane inflation has already started arriving unevenly in many sectors" over the past few weeks.
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idk this is not really inflation in any traditional sense maybe eg driving up home prices now results in higher rents later but that’s also questionable
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it’s probably the normal function of the Fed for everyone to buy up tons of assets when interest rates are low
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