Inflation and fiscal debt
U.S. Debt: Is the Inflationary Threat Over- or Understated?
September 11, 2012
In spite of the larger Federal Reserve balance sheet and increased U.S. fiscal debt, I do not see a compelling threat of a substantial U.S. inflation problem developing within the next five years. Here are three reasons why. Chronically Slow Real Economic Growth It took many years for the conditions that allowed the inflation […] More
