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Comment by Kosirich | Hacker News Reader

Can someone extrapolate what happens (hopefully) in a half a year when we get to herd immunity and the economy opens fully when a lot of these people (I'm guessing) will decide to cash-in in their stocks in order to go to a nice vacation, get a new car ect. Can we expect some sort of economic recovery followed by hyperinflation?

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Interesting point. I recall some analysis that the froth in the market is being driven by (1) reduced spending -> increased investing, at least for those who kept their jobs (2) cancellation of sports, leading to more speculation as a substitute form of entertainment.

If that's correct, then yeah, we could potentially see a slide. I suspect it won't be massive, and it could be counterbalanced by economic growth that happens at the same time due to the reopening. Don't forget that the stimulus/bailout/money-printing is also driving the market up too.

If you predict hyperinflation then which goods do you think will we have a shortage of? Because that is what inflation is. Too much spending and not enough things to buy.

post WW1 Germany both had a broken economy and a massive amount of foreign debt. What makes you think that similar events will take place? What prevents the economy from simply recovering in 1 or 2 years?

There are not enough people who have made lots of money through this to have a structural economic impact.

Some self-acknowledged idiots making a few million on the stock market isn't going to have any measurable impact on the entire economy. And it'll be balanced out by a few hedge fund millionaires having to sell their third yacht.

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