Accounting

Is the CARES act going to lead to hyper inflation?

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absolutely, Bitcoin is your hedge against that

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The fed massively expanding its balance sheet will likely result in devaluing of the dollar.

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Not when every central bank in the world is doing the same thing

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Yes

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No- what’s causing inflation is all the price gouging and stores jacking up cost of goods just because the number of merchants is limited and people are desperate

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Scares me a little that you're a financial advisor. Ever take an econ class?

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It’s hard to say, when it’s coming from the largest economy in the world. But most economists will say it will lead to some level of inflation.

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When the current risk is deflation you really shouldn’t be worried about inflation. Deflation is far more economically devastating...

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Oil prices are collapsing while/because production is high. Demand for other goods and services is dropping. If the fed and congress hadn’t intervened, we’d almost certainly have credit drying up more than it is already. You’re having many companies with across the board paycuts in addition to the layoffs. These are textbook cases of deflationary risks. Deflation kills the economy because why would you spend your money when the asset you’re acquiring is cheaper tomorrow? It’s a vicious cycle that is far worse than inflation and usually precedes depressions and severe recessions. Basically you want Congress and the Fed to take actions that encourage inflation right now since there’s a serious risk the opposite will happen.

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