[carom]

Inflation isn't bad, it is part of the interest rate cycle. You cut rates until you can't then you use inflation.

[walkhour]

Could you elaborate? Why is the interest rate cycle good?

[carom]

It's not good or bad, it just is. We're at the bottom right now, we'll stay here for a bit then experience inflation. Allocate assets accordingly. There isn't a good way up from zero interest rates besides printing money.