I see why Wall Street seems misinformed…

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…if this is what they read. When the stimulus passed, the Wall Street Journal (and nearly every conservative blogger, and the IR) ran stories about the inevitable inflation that would result, generally in ‘six months to a year.”

Six months to a year later – inflation may be too low. Sure, that’s not a good sign for the economy, but wouldn’t that suggest that all these concerns about the stimulus making our dollar worthless a little overblown?

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The Polish Wolf

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