3 ms·
it's basically impossible for US inflation to get to baseline until the federal government stops the massive deficit spending, Fed can only do so much by raisin
by ren_engineer 3y ago
it's basically impossible for US inflation to get to baseline until the federal government stops the massive deficit spending, Fed can only do so much by raising interest rates when the government is spending 25% of GDP and 1/3rd of that is deficit
- ReptileMan 3y agoJapan has proven for 3 decades the exact opposite. They live on deficit and borrowing and still were just able to be on top of the deflation.
- Amfy 3y agoU.S is a lot more dynamic economy than Japan Economy not responding with inflation due to money printing is bad