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by AMAC — The Association of Mature American Citizens
Economy

AMAC Magazine Exclusive – The Government's Potential to Accelerate Inflation

AMAC Magazine Exclusive – The Government's Potential to Accelerate Inflation

By The Association of Mature American Citizens Contributing Writer 1 min read
inflation
inflation

AMAC Magazine Exclusive - By Stephen Fauer, CFA Milton Friedman said that inflation is a monetary phenomenon. Yet, the Federal Reserve (Fed) has pumped trillions of dollars into the economy since the 2008 financial crisis, while inflation has been largely absent. Why is it that predicted inflation failed to arise, and why might the situation be different now? Spending has also skyrocketed during the COVID-19 crisis.

Read the Full Article in the Digital Edition of the AMAC Magazine

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About the author

The Association of Mature American Citizens

Contributing Writer

The AMAC Foundation is a nonprofit organization dedicated to educating and assisting older Americans through trusted programs and resources, including guidance on Social Security and retirement-related issues.

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