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Inflation was under control in 2009. The reasons people are worried about today’s economy are very different than 2009.
by Nbox9 5y ago
Inflation was under control in 2009. The reasons people are worried about today’s economy are very different than 2009.
- throw0101a 5y agoYeah, when an economy is losing 800K jobs per month inflation is usually not a problem, deflation is. In 2009 things went negative: * https://fred.stlouisfed.org/series/FPCPITOTLZGUSA https://fred.stlouisfed.org/series/FPCPITOTLZGUSA Inflation is usually sign that the economy is running too hot. I think a lot of folks would say that's a 'nice problem' to have.