Why Is There So Little Inflation?

Why Is There So Little Inflation?

little inflationInflation should be much higher than it is right now…shouldn’t it…?

ACCORDING to Milton Friedman, “inflation is always and everywhere a monetary phenomenon.”

If that is true, then you have to wonder where the heck all of the inflation is, writes Martin Hutchinson for Money Morning.

Every central bank in the Western world is holding interest rates down, and almost all of them are printing money like it’s going out of style.
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