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The WSJ editorial page has been predicting hyperinflation because of QE since 2008, but it stubbornly refuses to materialize. Maybe this time...
by antientropic 6y ago
The WSJ editorial page has been predicting hyperinflation because of QE since 2008, but it stubbornly refuses to materialize. Maybe this time...
- thedragonline 6y agoDoubt it. Money velocity has been steadily dropping since the mid-90s. Take a look at this chart from the St. Louis Fed: https://fred.stlouisfed.org/series/M2V https://fred.stlouisfed.org/series/M2V My guess is that it will be absolutely crushed when Covid-19 finally shows up in the chart.