Here's why inflation there won't be Trumpflation

As the United States economy braces itself for the incoming presidency of Donald J. Trump, many observers have been quick to point out that the policies of the incoming administration may have the unintended consequence of fueling inflation. They argue that the prospect of a large fiscal stimulus at a time when the economy is approaching full employment may create shortages in the labor market. Additionally, substantial infrastructure spending could spark a rally in commodity prices, lifting the...