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Why is inflation pretty low in the USA despite unemployment being pretty low as well as loose U.S. monetary policy?
I have a question. Why is inflation pretty low in the USA despite unemployment being pretty low as well as loose U.S. monetary policy?
That's a great question! There are several factors that could be contributing to the low inflation. One possibility is that technological advancements and globalization are bringing down the cost of goods and services. Additionally, there may be demographic factors like an aging population that is more inclined to save money rather than spend it.