John Maxfield from theThe Motley Fool penned an article in the USA Today that shows an enticing graph of potentially the next big crash in the markets.
Austrians economic disciples have been screaming the last decade about the Federal Reserve’s printing or now digitizing of money to the banks through borrowing. On top of that, the federal government has needed massive amounts of money to fund welfare/social programs that are by law “mandatory”.
Maxfield and Austrians part ways with his explanation in the article. There really is no more denying inflation is happening. Pricing is exploding across many sectors.
Personally, I have followed the Feds printing and done well. But the money supply is drying up and a downturn is very real down the road