In the aftermath of the global financial crisis, excess reserves held in the banking system vaulted from a few billion dollars to a few trillion dollars. Many analysts at the time worried that this would lead to substantially higher inflation rates, potentially hyperinflation. Did inflation rise substantially? Explain why it did or did not. Finally, provide the equation that many analysts were using to support their view on inflation. Short Answer Toolbar navigation 27:08 BIUS E E E Ev Avbv