low inflation is actually a good thing and asset bubbles are actually a bad thing
Apr 1, 2025
. . . but Fed policy stupidly tries to counter low inflation and stupidly fails to recognize asset bubbles.
(“assets” in this context refer to the prices of stocks, bonds, and real estate)
The above article ends by saying: “The risk of debt deflation and an asset price collapse is very real. Trump policies, especially tariffs, compound that risk.”