FROM: Lisa Sorani, Manager of HR Employee Services LS -
FROM: Lisa Sorani, Manager of HR Employee Services LS -
FROM: Lisa Sorani, Manager of HR Employee Services LS -
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Expert Views: Summary<br />
• Experts are bitterly divided on the future <strong>of</strong> inflation<br />
• Dovish Economists (usually more left leaning) see little near term threat from inflation<br />
• See Output Gap (slow economy) as impediment to inflation<br />
• Hawkish Economists (usually more right leaning) predicted moderate to massive inflation due to the easy<br />
monetary policy and the trillions <strong>of</strong> dollars <strong>of</strong> spending by the current administration<br />
• “Inflation is always and everywhere a monetary phenomenon” – Milton Friedman<br />
• Many great investors seem to believe inflation will be the victor and are buying gold and commodities as<br />
well as other asset classes that do well in an inflationary environment<br />
• Selling fixed income securities<br />
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