I was asked: Whatever Happened to Inflation after all this Money-Printing?

We have plenty of asset inflation, but little wage inflation
(Image by Wolfstreet)   Details   DMCA

I was asked once again why all this central-bank “money-printing” along with global zero-interest-rate or even negative-interest-rate policies haven’t caused a big bout of inflation, considering how currencies are getting watered down.

It’s a crucial question that baffled many minds for a while, but now, as this thing has been dragging out for seven years, bouncing from one major central bank to the next, without end in sight, the answer is becoming clearer.