Frank130 Wrote:
Feb 18, 2013 9:03 AM
The only reason inflation has not sky-rocketed is because money "velocity" (the rate at which the same money changes hand) is still very low. But as more & more money is printed up out of thin air, one way or the other the "velocity" will eventually start to pick up & then we will be "off to the races' with inflation. Even if the "velocity" of money was not low, there is always a delay between money printing & the rise of inflation.