We're entering a potentially deflationary period. An aging demographic and technology create deflarionary pressure as people leave the workforce and technology improved efficiency. The Fed wants to create inflation. We know what's going to happen over time by observing germany and japan.
We need more immigration it will have at least a temporary salutary effect on our underlying demographic issues. It’s weird to me that no arguments ever seem to reach the mainstream these days that population growth achieved by mass immigration worked for the Americas before ( and by worked I mean in a narrow economic sense it was attended by many bad problems )
What data are you basing this statement off of? The generally reported inflation figures for the US economy tell a markedly different story than you are.
Germany is an example of where their monetary policy has allowed them to keep inflation at the rate it's at. Japan is an example of where they have failed. Both are still good examples.
