Will Janet Yellen Pull the Trigger? | Andy Constan
Forward Guidance
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The Future of Inflation
Quantitative easing alone isn't enough to cause inflation. It was the fiscal spending that does it, and you have to make a judgment on whether that fiscal spending is sustainable. The population is rising at a slow rate globally and even in the United States. There's immigration, which has become more restrictive everywhere around the world. And those are needed for localized inflation.
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