Large fiscal deficits generally run things "hot" while the central bank tries to slow things down, meaning those who aren't on the receiving side of the deficits (eg younger working/middle class people trying to buy homes and start families) are squeezed the most.

unusual_whales
@unusual_whales
07-14
The number of first-time home buyers has shrunk to a historic low, per FORTUNE.
People ask things like "when will the debt/deficit matter".
The answer is they've been mattering for a while, in terms of impacting the economy and investment outcomes.
Some are lucky enough to be on the right side, or unlucky enough to be on the wrong side of them.
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share




