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A comment on Ask HN: How are you preparing yourself for a recession?.

Re:Ask HN: How are you preparing yourself for a recession? by wyxuan on Monday March 09, 2020 @02:31PM (#22528180)
Snapping up gold in what I see as the inevitable return of inflation.

The US is aggressively deficit spending in the boom times and in order to keep up this unsustainable spending in the bust times, the gov't will have no choice but to juice inflation.

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Re:Ask HN: How are you preparing yourself for a recession? by hwatkins on Monday March 09, 2020 @02:52PM (#22528458)
I agree, there is really no palatable option than for the government than to run inflation high, much higher than the 2% target. The next downturn will see some extraordinary measures, maybe it’s already starting with the 10-year treasury at .5%.

Really the only other option is a deflationary bust and nobody’s political career will survive that.

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