TLDR
David Lovato is a software engineer at Google. He argues that inflation has largely shown up in assets, not consumer-bought goods. Interest rates will continue to be near-zero for at least a year, and Fed members “expect rates to remain near zero for the next three years through the end of 2023” The question facing every investor is “What will be the winner in ten years?” He says the question facing investors is ‘What’s the stage has been set for asset markets and purchasing power.via the TL;DR App
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Written by davidlovato | Software Engineer at Google. San Francisco, CA
