The important thing about inflation is to realize you can't print foreign money.
So if your trade + investment balance remains favourable, it's not a problem. If there's a major flight of investors (to where?), capital, or a thing you must import at any price (usually oil), then inflation kicks in even without money printing.
The US need not worry about inflation until a bigger more stable economy comes along, which is a long way off.
So if your trade + investment balance remains favourable, it's not a problem. If there's a major flight of investors (to where?), capital, or a thing you must import at any price (usually oil), then inflation kicks in even without money printing.
The US need not worry about inflation until a bigger more stable economy comes along, which is a long way off.