The U.S. has poured $12.8 Trillion in new cash and credit into the economy since May of 2008.
That’s 100% of GDP. Huge!
From a year ago.
You’re stuck claiming the same thing as every other discredited inflationist...that somehow inflation is “just around the corner.”
Not even close.
Inflationists have been wrong for at least a year here in the U.S., and have been wrong each year for the past 20 years in Japan.
Yes, well the problem is that the credit is not flowing by and large, not yet at least.