What is making my head hurt is the job loss. We will be at 30-40% when all is said and done. No industry will be spared pain. There simply is no way to replace that demand. No amount of stimulus. That& #39;s where the problems start, but the Second and third Order Effects ripple 1/10
"Idle workers and idle machines pushed prices down, delaying the recovery. We cannot let it happen again."

This is the fight, the market wants a severe deflation. The Fed is going to fight this, and my bet is they lose. They do not understand it. The END https://www.washingtonpost.com/opinions/here-comes-the-great-deflation-threat/2020/04/05/27ca18ce-75fc-11ea-87da-77a8136c1a6d_story.html">https://www.washingtonpost.com/opinions/...
* all attempts to stop this with conventional monetary policy will fail. Current "stimulus" from Congress is just to try to stem societal breakdown. This will take years to fix, and our current leaders are not up to the task. All levels, all sides. Private sector, public sector.
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