There are some very intelligent folks making some very well reasoned arguments claiming we're about to see:
- inflation returning to historical norms
- transient inflation followed by moderate inflation
- transient inflation followed by a return to deflation
- hyper inflation, with or without a loss of reserve currency status for the USD
I'm just sitting here with a balanced portfolio and no leverage hoping to preserve my modest wealth. It certainly will be interesting to watch it play out. What is certain is that somewhere between 75-100% of all the predictions will be totally wrong and yet we will continue to believe the people making the incorrect predictions, especially when they reinforce our worldview.
- inflation returning to historical norms
- transient inflation followed by moderate inflation
- transient inflation followed by a return to deflation
- hyper inflation, with or without a loss of reserve currency status for the USD
I'm just sitting here with a balanced portfolio and no leverage hoping to preserve my modest wealth. It certainly will be interesting to watch it play out. What is certain is that somewhere between 75-100% of all the predictions will be totally wrong and yet we will continue to believe the people making the incorrect predictions, especially when they reinforce our worldview.