Fed says we’re deflating, not inflating. The Fed WANTS to inflate the dollar, yet even after printing trillions of new dollars out of thin air, it’s still not inflating. Look at the yields on Treasuries. Since it hasn’t inflated at this point, it seems a little illogical to think all of a sudden the dollar is going to inflate.
Is the price of housing going up or down?
Is the price of consumer goods and electronics going up or down?
Is the price of labor going up or down (for the 99%ers)?
Is productivity going up or down?
Is Japan buying dollars to keep the yen artificially low?
Is China manipulating the yuan to keep exports up?
Are they digging up new gold everyday?
Can you eat gold?