Wrong on Inflation
With a loose monetary policy over the past 4.5 years, the fears of inflation have been touted endlessly.
I, too, have warned about inflation over the years.
But where is it? Is the lack of hyperinflation one of the biggest, most incorrect predictions of the past 5 years?
It certainly is.
With the printing presses going, why hasn’t there been the expected inflation?
Perhaps a combination of an oil boom, slow growth in Europe, ongoing reduction in household debt, etc.
For a deeper discussion of this, click on the link below