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  5. With the shrinking of the US economy, and its shrinking...

With the shrinking of the US economy, and it's shrinking very rapidly, you not only have more money, but you also have fewer goods. That's a classic double-whammy on inflation.

Arthur Laffer
Shrinking, Classic, Economy
"Economic Debate: Laffer vs. Liesman". "The Kudlow Report" with Larry Kudlow, www.cnbc.com. February 26, 2009.
With the shrinking of the US economy, and it's shrinking very rapidly, you not only have more money, but you also have fewer goods. That's a classic double-whammy on inflation.