Not in ernest, the real spending and the debt to finance it has yet to begin.
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.
Where’s inflation?
It’s MIA.
You’re stuck claiming the same thing as every other discredited inflationist...that somehow inflation is “just around the corner.”
Nope.
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.