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by kesselvon
1622 days ago
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Base inflation is never zero. In the article he mentions the 1.8% average inflation rate, plus 2% attributed to gov't stimulus, and 3% towards corporate profits. That adds up to a 6.8% inflation rate. It's hard to blame this purely on ZIRP or QE because we've had both for the last ten years, all without any meaningful spike in inflation. |
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