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IEI - Why Massive Federal Spending Probably Won't Lead To Inflation
iShares 3-7 Year Treasury Bond ETF
Macroeconomic Thesis
One of the most commonly raised critiques of my recent article, "The Monetary Death Spiral Is Accelerating," was that the massive fiscal and central bank spending measures being carried out by various agencies of the United States federal government right now have just got to result in inflation some way or somehow. It doesn't make sense for that much money to be pushed into the economy without causing a spike or uptrend in inflation.
Well, I don't think there will be either a significant spike or a sustained uptrend in inflation