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by omgwtfbyobbq 979 days ago
I'm guessing we'll see a weird mix of the following with the fed adjusting policy to keep everything together.

-80s inflation (higher interest rates hurting real property value, especially in higher value coastal metros)

-90s stagflation (a significant decline in national real property values masked by some inflation)

-50s postwar economic expansion (economics/warfare in EMEA keeping demand for US energy, agriculture, and products high even with higher inflation hurting asset valuations)