Topics Discussed Introduction Lebanon currency crisis Similarities and distinctions between the U.S and Lebanon Additional signs of possible future high inflation My overall opinion Introduction Ever since the start of the pandemic, I have seen a lot of case scenarios being thought up by finance professionals claiming that the United States recent Covid-19 policy’s are either going to end up being deflationary or inflationary. Although, I must say the most prolific argument is that the United States is heading towards secular inflation with economist and legendary investors such as Michael Burry, Ray Dalio and Peter Schiff all calling for higher yoy consumer prices. According to the U.S Bureau of Labour Statistics, inflation has risen approximately 5.4% over the trailing 12 months having portfolio managers concerned on whether or not these higher than average price increases are transitional.
Hyperinflation: Will the U.S become Lebanon?
Hyperinflation: Will the U.S become Lebanon?
Hyperinflation: Will the U.S become Lebanon?
Topics Discussed Introduction Lebanon currency crisis Similarities and distinctions between the U.S and Lebanon Additional signs of possible future high inflation My overall opinion Introduction Ever since the start of the pandemic, I have seen a lot of case scenarios being thought up by finance professionals claiming that the United States recent Covid-19 policy’s are either going to end up being deflationary or inflationary. Although, I must say the most prolific argument is that the United States is heading towards secular inflation with economist and legendary investors such as Michael Burry, Ray Dalio and Peter Schiff all calling for higher yoy consumer prices. According to the U.S Bureau of Labour Statistics, inflation has risen approximately 5.4% over the trailing 12 months having portfolio managers concerned on whether or not these higher than average price increases are transitional.