Why We Don't Have Hyperinflation Even Though The Fed Has Printed $1 Trillion

Voltron says: bottom line is the "money multiplier" has gone below 1.0, i.e., when the government spends a dollar into the economy, it creates LESS THAN one dollar of stimulus. It's a complete breakdown of the government's crackpot Keynesian stimulus policies.



http://www.businessinsider.com/why-we-dont-have-hyperinflation-even-though-the-fed-has-printed-1-trillion-2010-2