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The Inflation Monster Is Tame

Despite the quick run up in gaso­line prices, the U.S. econ­omy isn’t about to be eaten by the infla­tion monster.

While it is a good bet that some­time in the next few years the Fed will have to deal with ris­ing infla­tion, now isn’t the time to change mon­e­tary pol­icy in an effort to slay the infla­tion monster.

For the entire post, please fol­low this link to Seek­ing Alpha.

Posted in: CPI, Deflation, Economic Statistics, economy, Finance, Inflation, M2, Monetary Policy, Oil, Public Policy

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