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athammer | 3 years ago

That’s because that’s what sells. That’s what people want to hear. It’s dramatic.

After being in the trading community for year and years pretty much any trader will tell you it’s filled with pseudo economics and strategies that are not designed to make you smarter or earn you money but rather earn the person “selling the shovel” money. Gold bugs, perma bears, Austrian economics, and armchair experts are notably present in trading circles.

Don’t trust traders or investors on economics. Trust actual economists. I’m not an economist but I’d point to Japan as a counter example. They literally invented QE yet they could barely move the needle on inflation until the recent supply/demand shocks.

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llampx|3 years ago

Note that I mentioned NG and Oil and commodities as drivers of inflation, not QE.