Quote:
Originally Posted by daepp
I know some doubt the way inflation is measured, but overall I am always surprised that the inflation that was supposed to result from such government profligate spending/printing hasn't materialized.
I'm 56 and inflation has never been as bad as it was in the mid to late 70's.
Why?
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The race to the bottom by the Central banks of the world printing money like mad is their way of maintaining currency equilibrium so that their various economies remain stable in the face of a wholesale devaluation of the USD by the FED...and this is the reason why you don't see a blow out hyper inflation with so much currency being printed.....TABS 5/2/20
You opened the door...and here is your reason.
The Boyz at the FED and else where may not know this, but they understand it when they think about it.