3 ms·
QE is not inflationary. Not only is it not money printing, but money printing =! inflation. This has been demonstrated over and over again. Moreover, your hype
by gph1 14y ago
QE is not inflationary. Not only is it not money printing, but money printing =! inflation. This has been demonstrated over and over again.
Moreover, your hyperinflation concerns amount mostly to conspiracy theory. Hyperinflation occurs generally after very specific and exogenous shocks, such as a collapse in productivity or huge amounts of debt denominated in a foreign currency.
Demand-driven inflation occurs when the supply of money in the system outstrips the economys productive capacity to absorb it. Given that we are in a situation of huge slack capacity utilization and 8% unemployment, demand side inflation ranks just about last on the list of pressing economic concerns.