Re:Federal Reserve pledges asset purchases with no limit to ...
by samsonradu on Monday March 23, 2020 @05:23PM
(#22668920)
My 2 cents on low inflation:
- Inflation gets 'exported' along with production to countries with lower manufacturing costs (because globalization). So no inflation but no working class either, resulting in income inequality - a problem of its own.
- Depending on jurisdiction, inflation should include or adjust the weight of house prices (Eurozone), education costs, medical costs. These are goods that cannot be outsourced, hence they reflect higher inflation.
- Inflation gets 'exported' along with production to countries with lower manufacturing costs (because globalization). So no inflation but no working class either, resulting in income inequality - a problem of its own.
- Depending on jurisdiction, inflation should include or adjust the weight of house prices (Eurozone), education costs, medical costs. These are goods that cannot be outsourced, hence they reflect higher inflation.
- Shrinkflation - https://www.economicshelp.org/blog/24369/inflation/shrinkfla...