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Stephanie Pomboy: Should Deflation Worry Us More Than Inflation?
The world is understandably panicked about inflation right now.
Prices are increasing by double-digit percentages across much of the world.
Which is why the Federal Reserve and many other of the major central banks are hiking interest rates aggressively.
In fact, just today Fed Chair Jerome Powell warned markets to expect hikes to continue & to give up hope of a policy “pivot”.
But despite all this, could deflation actually be the bigger threat we should be worried about?
Macro analyst Stephanie Pomboy thinks so.
In fact, she expects our current inflation worries will be a distant memory by the end of 2023 because we’ll be then mired in a disinflationary/deflationary morass.
To learn her reasons why, watch today’s interview with Stephanie Pomboy.
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Published on 2 years, 8 months ago