The government... will never run out of money.
The government... will never run out of money.
(Honest question here) I'm curious when we should expect to see the huge inflation created by the QE program, and why we haven't seen it yet if it began nearly 5 years ago...
Am I missing something?
Keyesians argue that money supply doesn't cause inflation on its own. Probably worth looking into that, since the predictions it provides seems to match reality pretty closely..
Meanwhile hyper-inflation in Russia in the 90's used the dollar as a stable currency with which rubles were exchanged for dollars. Hyper-inflation in Poland, Yugoslavia, and Bulgaria occurred in part due to easily exchange and convertibility of the Deutschmark.