1 year, 3 months ago
Is America facing an inflation crisis?
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M$1 Answer
No. The threat, although crisis is too strong a word, is deflation. Deflation can occur in recessions and causes a downward spiral into recession. It would appear that quick action by the Fed has prevented deflation. However, inflation is still below the safe 2% level. It certainly is not a threat now, let alone a crisis.
http://static2.businessinsider.com/image/4d4aa69149e2aeb013080000/chart.jpg
Some conservative pundits are making wild claims about inflation because of their weird dogma. But it just ain't so.
Some conservative pundits are making wild claims about inflation because of their weird dogma. But it just ain't so.
You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
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