

Longtime Deflationist Now Fears Inflation More | Lacy Hunt
For years, Lacy Hunt, one of the greatest living economists, has feared deflation would pull the economy into a prolonged morass of stagnation. But now, the forces in play have shifted tectonically.A new secular era has begun. One of rising inflation. And Lacy doesn't see it ending for years. He has shifted his…

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What people are saying
“Danielle DiMartino is going to lose here mind hearing that her hero is finally acknowledging how devastating inflation had been, and will be moving forward.”
“Everything "just changed" if you haven't been paying attention since 2020, lol.”
“I don't think that people understand how important this is. He's talking about the capital structure of the United States for the last 40 years, and how it made people rich but didn't improve quality of life. And, he also talks about how th…”
“The U.S. government wants inflation to reduce real debt repayments.”
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