No one has a crystal ball of course, but some experts are saying that if a debt crisis unfolds due to excessive issuance of dollars and treasuries, it could actually lead to a spike in interest rates and an increase in asset and housing prices relative to the dollar. This would be contrary to what happened during the Great Recession in 2008.
Is it possible that we could experience even worse inflation while people have much less purchasing power? How would such a scenario be addressed (seems like QE would make it worse)?
In: Economics
On a [maybe] related note: My mom keeps buying up millions of Vietnamese Dong and gifting it to people (in the US). She’s not stopping. Should I be concerned?
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