This is a real delusion

In Fed and Out, Many Believe Inflation Helps to Spur Growth

By BINYAMIN APPELBAUM

As Federal Reserve policy makers prepare to meet this week, there is growing concern inside and outside the Fed that inflation is not rising fast enough.

Sorry to disagree, but the inflation expectations theory is bogus. In stead of expecting inflation, we compute the stock market bubble. And we are computing that the stock market cannot hold any more liquidity.Ben's inflation appears in that third spike. It has no where to go.