High inflation rates will be coming to US because of the huge amount of printing by the Fed and a dysfunctioning fiscal policy. It will not be tomorrow, next year, or 5 years, but it will definitely come when the Fed is no longer able to support the economy.
PS: This will be a economics lesson, and the market outlook will be at the bottom.
The current monetary and fiscal policy in the US (and most other countries) are dysfunctional and highly skewed towards creating inflation.
Fed’s duty is to control the money supply and interest rate in the economy. However, the Fed only has the mechanism to pump money into the economy (permanent supply) but am only able to remove money out of the economy by increasing interest rates and issuing bonds (removes money supply temporary).
All bonds have a maturity date. The money will have to …