Veronique de Rugy
Business & Economics
Where’s That Inflation?
From September 2008 to September 2009, the Federal Reserve pumped an unprecedented $2 trillion into the financial system by buying Treasury bonds and assets from banks. According to most mainstream economists, such action should create a general increase in prices. Inflation is the result of more dollars chasing the same ...
Veronique de Rugy
November 17, 2009
Where’s That Inflation?
From September 2008 to September 2009, the Federal Reserve pumped an unprecedented $2 trillion into the financial system by buying Treasury bonds and assets from banks. According to most mainstream economists, such action should create a general increase in prices. Inflation is the result of more dollars chasing the same ...