The Curious Capitalist asks an interesting question: Is Inflation Coming Back?
Pain was widespread during the Great Recession, but the one bright spot experts and pundits always talked about was the absence of runaway inflation.
A few months ago in my News Sentinel column on the up-and-down recovery, University of Tennessee economist William Fox asid that until consumer demand perks up inflation would be minimal.
“(Inflation) might eventually be a problem, but you have to think of it in phases and over the next year or two it’s not going to be a problem,” Fox said.
Let’s hope that’s the still the tiemtable. The economy — and my bank account — could use a little more cushion before inflation becomes an problem. And you know that eventually it will.