James2571 Wrote:
Nov 12, 2012 8:56 PM
There was no significant inflation with the previous QE. The economy is too deflated. Gas prices are falling as the USA is becoming the worlds #1 producer of petroleum. Foodstamps are the main reason there has been some mild inflation in Consumer Goods, but not the entire economy. Yeah if this was 2006 there would be inflation, but the economy is not robust enough. Read Paul Krugman. He has been dead on.