In attacking the U.S. Federal Reserve's (alleged) claim, you are guilty of the Straw Man Fallacy, with an implicit "Post hoc, ergo propter hoc" Fallacy, to boot.
Namely: From the claim (whether true or untrue) that economic growth causes inflation, it does not necessarily follow that inflation is always preceded by economic growth.
Economic growth could, in fact, be merely a sufficient, but not necessary cause of inflation.
Regards,
It’s so good to hear from the middle school debate team.
You guys rule the world.