[freedomben]

I'm not generally a "don't trust the government numbers" kind of person, but in the case of inflation their numbers are wrong. They don't capture true cost of living changes and the reduction in purchasing power.

This article gets at some of the things I had in mind when I wrote my comment: https://www.investopedia.com/insights/how-will-fed-reduce-ba...

Also I apologize for lack of coherence. I'm very tired and should have gone to sleep 6 hours ago.

Side note: I really like your user name :-)

[0th_Place]

The Bloomberg article you linked in reply to another comment about the mis-measurement of CPI was very interesting, but even the alternative measurements discussed in that article estimated inflation to be below 3%.

The Investopedia article discusses how the Fed will reduce their balance sheet, which is actually more or less the opposite of printing money. During the Great Recession, the Fed bought a lot of financial assets (i.e other people's debt) in order to restore faith in the economy and prevent a complete meltdown. Now, they have to decide whether to sell these assets or hold them to their maturity. Regardless of what they choose, they will be receiving cash either in the form of the sale price or dividends.

The Federal Reserve has a mandate to keep inflation rates low, and they generally do a very good job at that. That doesn't mean we shouldn't worry about our national debt, but I wouldn't be too worried about hyperinflation now or in the near future.