We’ve been hearing from certain pundits for years now about how high inflation was just around the corner — how the Federal Reserve’s low interest policy and massive monetary stimulus would inevitably lead prices to spike, undermining the economic recovery. Instead, the U.S. has now technically slipped into deflation for the first time since shortly after the Great Recession.
e’ve been hearing from certain pundits for years now about how high inflation was just around the corner — how the Federal Reserve’s low interest policy and massive monetary stimulus would inevitably lead prices to spike, undermining the economic recovery.
Instead, the U.S. has now technically slipped into deflation for the first time since shortly after the Great Recession.
- See more at: http://www.thefiscaltimes.com/2015/02/26/America-Deflation-So-What#sthash.DdZLe9EA.dpuf