Thanks, as well.

Did you just use Bitcoin and utter simplicity in the same sentence.

I guess it is somewhat what you are used to but I find the idea of investing or speculating in Bitcoin daunting.

First off let me say that have a self-directed brokerage account but I have no idea how to get money transfer from that account to a Bitcoin exchange. I could probably learn how to setup a wallet but I am sure that the amount of effort to learn how to properly use the wallet and protect it from loss is an obstacle. Do Bitcoin exchanges provide 1099’s so that you can easily pay your taxes? People have lost money when Bitcoin exchanges got hacked or went belly up, right?

I think inflation is going to be volatile. With production off, prices will rise even though demand is also off. I am not sure we will even be able to trust the inflation numbers for the next few months. Personally I am seeing negative inflation but that is because about the only thing I am buying is a little gasoline and my normal utilities. I am living off stored food and dry goods and gas is down more than 10%. My cost of living is down because I am working from home and not eating out, not even take out.

When I go back to shopping I will avoid high priced goods until the supply recovers.

While it seems money is flooding the markets, it does not seem to be going to places that will spend it on goods and services that will outstrip normal demand. Making up part of the lost income of workers will not increase their demand for goods and services. Medical expenses will be up for a lot of people but that lot of people is still down around 10% of the population so that will not be inflation for most people.

I think the big flood of money is going to cover bad debts.

TEK