Quote:
Originally Posted by Cimarron29414
Although not a right winger, I will say that no one that I know of has implied that inflation would occur instantaneously. However, you can not inject trillions of dollars into the system, monetize your debt, and then not have inflation. The inflation will occur once the economy starts having growth. Another indicator would be the price of gold. Granted, there is DEFINITELY a fear-based "gold bubble", but not all of the increased price is that bubble. Some of it is genuine loss in buying power of the dollar. You can also see the weakening of the dollar on the world scene. This is due to the world's belief that the dollar will be "worth less" soon - another indicator that inflation is coming.
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Except I already showed you elsewhere that it is false that "trillions of dollars" have been injected into the system.
And if anything, given the constant trade deficits, the dollar is overvalued.