And no one has expected it to given the over-expansion in the greatest debt bubble in U.S. history from 1983 to 2008.
Inflation hasn’t risen due to excess capacity here and around the world, especially China…
Money velocity continues to drop without lending and productive investment to expand it…
Businesses are struggling with stagnant earnings because we already hit the peak of debt capacity and demographic spending growth in the great boom that finally peaked in late 2007