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by patricius 2339 days ago
If you use the original definition of inflation, i.e., increase of the money supply, there has been massive inflation. It hasn’t resulted in a substantial increase in the consumer price index, but you can see huge increases in certain areas such as the stock markets, housing markets in certain areas, health care and education.
2 comments

The rate of healthcare inflation declined during all of the QE periods.

https://www.chicagofed.org/~/media/publications/chicago-fed-...

Stocks did increase quite a lot, as it generally tends to do over the course of the business cycle. Although, it generally was tracking actual profits up until recently (when the Fed was drawing down their balance sheet). It was tethered to real profits during the QE periods.