The Treasury Put Will Turn Investing On Its Head

Large and persistent fiscal deficits will entrench inflation and decimate the long-term real return of stocks and bonds, while reversing the secular underperformance of real assets.” (worth your consideration)

Published by markskidmore

Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times.

Leave a Reply

%d bloggers like this: