Re:Upside-Down World of Negative Rates Is Coming for U.S. Sa...
by jhayward on Tuesday March 17, 2020 @12:48PM
(#22606889)
2% is historically low, and is in fact below what the Federal Reserve has been trying mightily to achieve. Inflation has been below target since the 2008 crash, more or less.
There is a massive deflationary force acting on the economy. Anyone bringing up inflation fears, except to dismiss them, is not tracking any known factual reality.
There is a massive deflationary force acting on the economy. Anyone bringing up inflation fears, except to dismiss them, is not tracking any known factual reality.