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Would that tell me why US inflation fell to -1% when the Fed massively expanded its balance sheet in 2008?
by OscarCunningham 7y ago
Would that tell me why US inflation fell to -1% when the Fed massively expanded its balance sheet in 2008?
- justinzollars 7y agoNo inflation. Amazing. We must be living in a different place. Childcare, Healthcare, Education and Housing have experienced huge inflation. A home in the bay area was 700,000 in 2008. Today you can't find anything for less than 1.2 million. When this inflation hits the economy what will a home cost? What will education cost?
- OscarCunningham 7y agoYou're saying the official figures are wrong in such a way to understate inflation after, but not before, 2008? What change in 2008 caused that? Isn't it more likely that the price rises in Bay area property have been compensated for in other areas and sectors?
- jdipasq 7y agoThe velocity of money, not solely the supply of money, determines inflation.