Posted by
Altland on Sunday, November 08, 2009 7:26:28 PM
WHERE'S ALL THAT INFLATION
Its true the Federal Reserve has printed
a lot of money over the last eight years.
It should cause massive inflation, but not
on a level equal to the production of
money.
It must have gone abroad.
If so, then our economy may still suffer,
but not to the level it should.
Inflation, too much money chasing too
few goods.
Let's see we are in the great recession
at this moment with inflation eating at
the edges.
Stagflation. Stagnant growth and high
inflation.
1970s style.
Not that level, yet.