The velocity of money is falling, though. So we won’t have inflation. It’s low interest rates that are driving investors into the market for higher returns via higher risk.
What will likely happen is means testing for Medicare and Social Security. Which is fine in exchange for breaking those two programs by making them optional and appropriately priced.
So we wont have inflation.
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Not officially; they won’t acknowledge it. But anyone who needs to eat, keep warm, have a roof over their heads, educate themselves, or pay for medical care knows otherwise.