How can you suggest to be in cash when they are literally printing trillions with no sign it will slow down?
I know that a lot of it is supposedly not going to make it into the real economy. But if there is one thing for sure, it's that the government is going to behave recklessly and fuck it up.
The inflation target is still 2% despite the easing. I'm not aware of any indicators showing it'll exceed that, but it's easy to funnel your cash into TIPS or similar if needed. If the lockdown continues and the recession deepens the more valuable cash will be. If it ends soon and the economy rebounds you're out the opportunity cost.
