Hyper inflation- what should one do about it?
A lot of pundits are speaking about hyperinflation, El-Erian, Mike Burry, Stanley Drunkenmiller. So far not much idea on what to do about it, how to position ones portfolio to protect against inflation or to make money from the potential inflation. Federal reserve competing with other government agencies. Fed has two mandates, unemployment and inflation. Other government agencies are to pay people Covid payments to essentially stay home and not fill the unemployment roles.
All thoughts are welcome. |