Thanks for your comments Ken. I don't like the look of MMT either.

It seems like the Fed is betting the current lack of supply in everything from raw materials like lumber to cheap, underpaid employees will not drive up inflation over the long term.

I don't think anyone knows for sure what will happen, but an ever-lengthening list of economists and banking strategists think there is already too much stimulus in the economy.

I guess we will have to sit back and see who turns out to be right.