The truth about inflation!

in economy •  7 years ago 

Fed wants to force HIGH inflation BUT the Fed will not get it. Yields will come back down. Velocity of money keeps going down. Deflationary forces are very strong due to demographics, debt, overcapacity and automation.
Fed will only get inflation if it creates currency for the people and gives it to the people.
I wrote HIGH inflation because inflation or even better cost of living is not below 2%.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!