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The Water Cooler
General Discussion
April was best month in history for U.S. budget
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<blockquote data-quote="SlugSlinger" data-source="post: 3112740" data-attributes="member: 7248"><p>One comment about inflation. Obama printed a lot of money using the quantitative easing, and there is a lot of extra cash available. This cash has sat on the sidelines during Obama’s rule because no one had confidence in the economy. That has now changed with Trump. With lower tax rates and high economic optimism, people and companies are spending money. However, the fed must stay ahead of the inflation curve if we don’t want some massive inflation numbers. So far they’ve done an ok job managing rates, but we could be in for a surprise with some high inflation if the fed fails to act quickly.</p></blockquote><p></p>
[QUOTE="SlugSlinger, post: 3112740, member: 7248"] One comment about inflation. Obama printed a lot of money using the quantitative easing, and there is a lot of extra cash available. This cash has sat on the sidelines during Obama’s rule because no one had confidence in the economy. That has now changed with Trump. With lower tax rates and high economic optimism, people and companies are spending money. However, the fed must stay ahead of the inflation curve if we don’t want some massive inflation numbers. So far they’ve done an ok job managing rates, but we could be in for a surprise with some high inflation if the fed fails to act quickly. [/QUOTE]
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April was best month in history for U.S. budget
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