Since 2008, the Federal Reserve has more or less printed over $3.2 trillion in three rounds of quantitative easing. That’s now tapering off to zero, but many have speculated that all this printing must result in inflation simply because it puts more U.S. dollars out there than ever before. A larger supply means the dollar should be worth less,
The Death Of Inflation
There are at least two good reasons why inflation remains well below targets even as the economy is improving and despite years of economic stimulus.