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Then we got inflation.
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"The question is not, will we get inflation, but how much will it cost to stuff the genie back in the bottle.
You could get several points more of current yield on fixed-rate paper from the same issuers, but fixed-rate securities will get killed when we get inflation and, as a result, higher interest rates.
I have come up with two other choices that provide a reasonable level of income and protection and should work out just fine whether we get inflation or deflation in the coming year.
The big difference is that we haven't got inflation".
"Once you get the unit built, you've got inflation locked out".
I would vote for a perfect arsehole who got inflation back under 5percentnt.
So they've got inflation instead.
Remember, the bull market in the U.S. couldn't have happened unless the Fed had got inflation under control".
It's risky to buy all Treasurys, because we might get inflation; risky to buy too many junk bonds, because deflation would put so many of them into default; and risky to buy too many stocks, because Nancy Pelosi may come up with a plan to confiscate profits.
Before the recession started, everything was white-hot across the board, but there was a problem with that: we got cost inflation, and it started to get very expensive.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com