Loading ...When they talk “no inflation” what I think they are concerned about, finally, is no inflation in tax payer wages, needed to pay for inflation in tax absorber wages and other gov’t expenses.
If wages don’t climb enough, restaurants etc are afraid to raise prices, and cut throat each other, and cause deflation in profits, and less pay for tax payers wash rinse repeat.
Take a look at falling and low interest rates. A sign of not enough borrowers chasing too much money. There are trillions in various savings accounts.