And the 5% that had all the cash, there is only so much that they can buy, and the rest goes into the stock markets and investments and whatnot? And so you see some spectacular housing prices and some spectacular stock market gains, but that's it no real inflation in prices on everyday goods. But this time around, the situation is different. The money that's being printed is going into the hands of those who need it, which is those who didn't have it earlier
So that there is one kind of flawed assumption in your thesis here, which is that money is going into the people where they did not have the money before. Hence they have no more money to spend. That's incorrect, right. Because these people had a salary and income and they had money to spend and then that income dried off because they got for load and laid off because the economy ground to a halt. So now they don't have the money to spend
Bowie Rowan
@bowie · 1:32
I'm glad that you brought this topic up, because I have been meaning to do some more reading actually in regard to this, to try to figure out what we might prepare ourselves for as a country tree. And I haven't had too much of a chance. But I was curious about looking back at the recession after the 2008 financial crisis and looking more at what happened with inflation after that