The global economy will be less efficient, and more expensive, going forward, particularly for traded goods.

"The Economy is turning the tie, and we have seen NASDAQ reaching it's all time high yesterday, now when ever the bubble gets triggered to burst the things will go complete south

" Market is giving unbelievable returns, but the real question is for how long?"

The efficiency is never stationary, that is why economy is called as cyclic concept.

Inflation is a bad thing. It hurts the poor, the elderly, the cautious, those on fixed incomes, and it erodes trust in the state and society. It benefits the “rich”, those with financial assets, the spivs and wheeler-dealers who thrive in times of uncertainty. Of course, it also cuts the real cost of debt — and that makes it particularly attractive at a time when governments and corporates around the world are piling on debt as though there is no tomorrow.

On top of that, there is the increasingly seductive appeal of what we now call Modern Monetary Theory. It is widely ridiculed by mainstream economists even though its fundamental insight is absolutely true: countries that have their own currency (and that do not raise debt in other currencies) cannot “go broke

It also cuts the real cost of debt — and that makes it particularly attractive at a time when governments and corporates around the world are piling on debt as though there is no tomorrow.

As a result, there is suddenly renewed support for the idea that we might be able to solve our debt problem (if indeed, it is a problem) by inflating our way out. After all, when I was starting out as a financial analyst at the World Bank, our working assumption was an inflation rate of 6-7 per cent and a “real” interest rate of 3-4 per cent; hence the investment cut-off was a financial rate of return of around 10 per cent.

Same in the US, and also in the EU, where the Council has just “suspended” the Maastricht rules on debt and deficits (remember them? It was 3 per cent for the deficit and 60 per cent for the debt ratio).

After all, when I was starting out as a financial analyst at the World Bank, our working assumption was an inflation rate of 6-7 per cent and a “real” interest rate of 3-4 per cent; hence the investment cut-off was a financial rate of return of around 10 per cent.

But maybe a few years of (say) 10 per cent inflation would help balance the books. Of course, those who were foolish enough to buy gilts at 2 per cent or less (not to mention Austrian investors, who piled into a 100-year bond at a yield of just 0.8 per cent) would be stuffed, though that may still be the least bad alternative.

But maybe a few years of (say) 10 per cent inflation would help balance the books. Of course, those who were foolish enough to buy gilts at 2 per cent or less (not to mention Austrian investors, who piled into a 100-year bond at a yield of just 0.8 per cent) would be stuffed, though that may still be the least bad alternative.

Since it impact to our economy, price are already shifting to the moon.

Countries that have their own currency (and that do not raise debt in other currencies) cannot “go broke”, insofar as they can always print enough money to meet their obligations. Hence, MMT-ers think the OBR was absolutely wrong to say the UK’s debt trajectory is “unsustainable”.

That should be enough to kill any inflationary virus that still lingers in the global economy. Unfortunately, it will also kill any nascent recovery.

Which way should one jump? My personal view is that we don’t really face a problem of generalised inflation yet

The global economy will be less efficient, and more expensive, going forward, particularly for traded goods.

On top of that, there is the increasingly seductive appeal of what we now call Modern Monetary Theory.

The Japan Economy is also very less due to covid and all other countries also have to suffer because of pandemic which results in Less efficient global economy and all around world increase as standard of living of people is becoming very high .

We the middle and lower class suffer most.

"Market in current scenario is creating a hazard for everyone as the person who is keeping Fixed deposits thinking no bank fails may have to reconsider."

Market have gone completely South, but the only problem is that everyone knows that market is showing otherwise but no one can dare to say how much now?

"Market is giving exceptional return in last 4 months, the real question if what can similar returns and this situation is making things look virtuous but becoming vicious."

"Economy always taught us new lesson, and people only copy what they saw previously, people copying 2008 situation recovery is creating an invisible problem in 2020."

The market is on fire but You have to do anything with your own risk due to covid it is unpredictable to make profit. Like Japan is well developed country but the news came that it's economy suffers due to covid very unlikely USA also results in Global Pandemic rules

But the arguments about supply chains and resilience are valid; the global economy will be less efficient, and more expensive, going forward, particularly for traded goods. That means an asymmetric boost to inflation, as production and trading patterns adapt.

Definitely yes

Surely mate there is always one, not before this bubble bust & only thing missing currently is what will trigger the bust.