4 ms·
With the immense amount of deficit the gov is currently under and will be under in the future, and the monetary policy of printing money, I'd say high inflation
by thorwasdfasdf 7y ago
With the immense amount of deficit the gov is currently under and will be under in the future, and the monetary policy of printing money, I'd say high inflation is much more likely. Even in the last several years, we've been having near 2%, or even over 2% inflation.
- vikramkr 7y agoThat's not high. We've been desperately trying to get inflation up and have taken extraordinary measures to try and raise inflation, but we're actually in a historic low inflation regime that's quite concerning - the fed would be thrilled if we'd be at 2-3 percent inflation consistently and easily. It's the reason we haven't been able to raise rates as high as they used to be, making government borrowing cheap, and why we've kept printing money. We're trying to get inflation up, its just not working that well.
- deleted 7y ago[deleted]
- deleted 7y ago[deleted]
- jhayward 7y ago2% is historically low, and is in fact below what the Federal Reserve has been trying mightily to achieve. Inflation has been below target since the 2008 crash, more or less. There is a massive deflationary force acting on the economy. Anyone bringing up inflation fears, except to dismiss them, is not tracking any known factual reality.