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“The Great Reflation” is the effort by the U.S. government to pump money back into the economy. This stimulation, however, will have consequences not totally understood, says Boeckh, a financial adviser and former economics professor.
He predicts, however, that stock market volatility and instability are an inevitable result. He walks through the basics of economic bubbles, government stimulus and inflation.
Boeckh writes about the nation’s dire economic situation without lapsing into a doomsday mentality. But he makes it clear that policymakers will continue to have some tough choices ahead, and he outlines some investment strategies worth considering during a choppy recovery.
