tldr: Stimulus package will spark the inflation. QE did not spark the infrlation, but the stimulus(wich will 95% will be spend on goods/services) will. (well, ofc the money going back to economy boost inflation more than money not spent yet. but thats not the point)
what does money not spent have to do with anything? it's money that didn't exist that was created. The point of the article wasn't to talk about what causes inflation, its to talk about how inflation is a tax, and the stimulus package turned a period of deflation into a period of inflation.
3 comments
[ 2.8 ms ] story [ 19.8 ms ] threadits a poor article boasting a flashy headline.