In an extreme scenario, if enough money was printed to give every American one million dollars, you’d expect the prices of goods to rise to adjust to everyone’s new-found wealth. That’s why, with the recent unprecedented stimulus, people argue that inflation should tick up a bit. But, in the last few months, we haven’t seen any definitive signs of that outside of the usual volatility apparent in most macroeconomic time series as a result of the pandemic shock:
More Metrics
The year-over-year picture for inflation looks even more benign
Links
Yesterday’s Post | Most Popular Posts of All Time | All Historical Posts | Contact Me
Enjoying the content?
If you want to help support my crazy dream to one day write about the markets full time and produce even more endless metrics, maybe you could sign up for ongoing content (if you haven’t already) or sign up a friend. Don’t worry - you can cancel whenever you decide you’re bored or need an inbox cleanse. I don’t take it personally!