Robin Koerner: An Inflation Inflection and the Best Trillion We Shouldn't Spend

Robin Koerner: An Inflation Inflection and the Best Trillion We Shouldn't Spend: "In a very real sense, then, the very act of government spending is inflationary—and this fact begs the question: Since the government is only taking in about 57 cents in tax revenue for every dollar it spends (as it is currently doing while running its huge public deficit), why aren't we seeing all that massive inflation as this new government-spending-created money sloshes around the private sector?

Good question. And the answer is telling."