Thursday, May 16, 2013

Hey dude, where's my inflation? — Knowmadic Life

Interesting article explaining the lack of inflation in the face of the Federal Reserve's massive money generation. Why have we experienced relatively little inflation when each dollar generated makes each existing dollar worth incrementally less...and the Fed has generated trillions of new dollars? Doing so should make the price of goods purchased incrementally increase but, it has not. Instead, that cash has gone to inflate the stock markets values...makes sense to me.

Hey dude, where's my inflation? — Knowmadic Life

At some point, those dollars will have a negative impact on inflation and our economy but, when and how will it happen? Maybe, the Fed and the world's central bankers have it all under control? Probably not though as history shows the results of crazy levels of money generation.

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