@BernieSanders@MorePerfectUS Why would we ever believe this is a one time thing. The government can’t just start taking private assets. Are we in the twilight zone right now?
Legislating can be “hard and take time” is a pathetic understatement. The system in Washington is broken. Geriatric senators who don’t know where they are. Congressmen and women who go from rags to riches after 2 years in office. The whole thing is rotten and if Trump has to shove a few things through to help the American people than so be it
It depends how the monetary stimulus is doled out. If it’s pure asset replacement (QE like post GFC) then it may not be inflationary. If it’s some form of helicopter money and the productivity gains aren’t distributed equally across industries, we could for example have a massive run on health care or housing that actually looks more like the post COVID era than post GFC era of stimulus