read the article. it includes a quote from a post war communist Polish economist on the causes of inflation. It includes a prediction from an american economist that inflation will be quiet for the next 15 years. https://www.bloomberg.com/news/articles/2019-04-17/did-capitalism-kill-inflation. what a joke!
I did. It's mostly true - the risk is almost certainly towards deflation. Central bankers have learned how to reduce inflation (in absence of seignorage, of course) by raising interest rates, painful as it is. However, it seems that deflation is far more difficult to deal with, as the European and Japanese examples show (as well as the experiences of the Fed, to a lesser extent).
there is no deflation in Europe. you have subscribed to MMT (modern monetary theory) hook, line and sinker. It is a dubious theory by economists trying to make a name for themselves. https://tradingeconomics.com/european-union/inflation-rate
Of course it will, question is how much time. Time will also prove me dead. Could you think of a single developed economy which went from a deflationary environment to an inflationary one?
Forget time in the future. All those inflation hawks have been so wrong in the past, it is not even funny. Investors who listened to hawks like Peter Schiff have lost bundle already
correct. however, the past is the past, peter schiff has a brokerage firm and manages money. with commissions and fees he is a winner. as to extrapolating to the future that is an error in logic. the past is not necessarily the future.