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The question: Here is an excerpt from a recent article about the economy: For some economists, the danger of inflation starts with the reckless strategy
The question: Here is an excerpt from a recent article about the economy: For some economists, the danger of inflation starts with the reckless strategy of the Federal Reserve to print a massive amount of money out of thin air in an attempt to stimulate the economy. These funds haven't made it into the markets and the economy yet, but it is a mathematical certainty that once the this money passes through the reserves and hits the markets, inflation will increase dramatically. Use your knowledge of the money supply, inflation and the Federal Reserve System to explain briefly what these economists are talking about. Be sure to explain what they mean by "mathematical certainty
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