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As the Fed raises short-term rates to give itself some breathing room ahead of the next recession, banks will pay the price.
The economy won’t accelerate unless Trump is able to push through a massive tax cut very soon. But that doesn’t look likely in the least.
There isn’t much the government can do to encourage another round of debt accumulation to pull the economy out of a death spiral.
In 2012 through 2015 the inflation rate was 1.7%, 1.5% 0.8% and 0.7% respectively, according to the U.S. Inflation Calculator. And it appears that we've turned...