The US Economy May Be Entering an Inflationary Melt Up | Tom Hoenig, Former Federal Reserve exec

Former Fed Governor Tom Hoenig warns the US is entering an inflationary boom driven by massive fiscal stimulus, resilient consumers, and corporate investment.

Hyperscalers are pouring roughly half a trillion dollars into AI infrastructure, serving as a major economic stimulus mechanism across various industries.

While the economy may remain strong through the current year, rising debt and persistent inflation could trigger a larger downturn around 2027-2028.