What Investors Need to Know About the Threat of Inflation in 2021
Everyone seems to have an opinion about where inflation is headed this year, especially in the wake of President Bidenâs third dose of COVID-19 economic relief. The latest $1.9 trillion American Rescue Plan brings the stimulus total to a whopping $5.2 trillion, or about 25% of the Gross Domestic Product. Could these moves, which have increased the money supply by 27%, tip the scales of our seemingly recovering economy in favor of inflation? While individuals, families, and businesses have welcomed the many different forms of relief, there is now legitimate concern about its potential imp...
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