Only sluggish money too much money in system

“A thing long expected takes the form of the unexpected when at last it comes.”

– Mark Twain

Hardly a day goes by when I don’t pick up a paper or watch the news and hear another journalist or economic prognosticator ratcheting on about the looming threat of inflation. I half expect to see people lined up outside the local Home Depot, clamoring for their wheelbarrows to carry their unwanted cash to the bank, much like the days of the Weimar Republic in Germany in the 1920s.

But as we are reminded by Mark Twain, the expected does not always occur. So…