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Depends how long countries stay in lockdown for... longer lockdown means more money needs to be printed or borrowed, and thus inflation will rise.
The US might come out of lockdown soon (they probably shouldnt) but they might end up back in lockdown again and with a worse problem and needing to print more money. It might not end well
RE: Are We Facing Epic Inflation, Horrific Real Interest, and Brutal Gold Price Explosion?