Ugggh, sigh…why do I have to keep re-explaining this all the time???
In order for inflation theories to work, it has to make its way into your wages. Otherwise, it doesn’t work and trust me, Bernanke knows this. It’s called pushing on a string. The Fed will never publicly admit that its real fear is Deflation and if you look objectively at their actions it is obvious that that is what their real concern is. It was that fear that caused Greenspan to artificially and mistakenly lower interest rates after the tech bust.
Now go ask for you 100% raise today so you can take advantage of that inflation you all want. Good luck with that.
