12.24.2013

Will Inflation Come Back

Will Inflation Come Back - Business Insider:

Maybe, but I think the high level of inequality will help hold it back. I don't see much inflation until we have too many dollars chasing too few goods. We may have too many dollars but if those dollars are tied up in the the off-shore accounts of hedge-fund managers, corporations, and other elite, they aren't going to be sloshing around the economy driving up the general price levels. Well, they might drive up asset prices but not those of everyday goods and services.

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