Are fears of inflation overblown? - Chicago Tribune

http://articles.chicagotribune.com/2009-06-17/news/0906160441_1_inflation-prices-stock-market

This article is a little old again, but the title caught my attention. It says that people are worried about to much money being spent, and they are worried about the inflation increasing. Well for inflation to raise you need plenty of money and plenty of demand. During this time there was not much demand, people were saving. I think this is still true today though. I believe people are very fearful of inflation rising yet they don't realize because they are demanded less with their money and saving it, they are keeping inflation down.

I think that inflation is low right now because the demand is down and so is the quantity of money. Even though some economists say that our economy is getting better, even with the high unemployment rate, I don't think it is growing or getting better fast enough. The economy might be better than it was over all from 2-3 years ago, but for me personally I feel like my family has started to save money more and more. I also think that the majority of the U.S. citizens are in the middle class and although there is plenty of money there, the majority of the money is in the top 1% but that is really another topic. I definitely think there is a big fear for inflation but I wonder if that is not a good thing considering it seems to be keeping the demand down and therefore the inflation down, but in my second article it talked about how a little rise in inflation might cause a economic boost which would be good, if it is only a little. So maybe the Fed should focus on a way to get people to demand a little more but not too much more.