I just don't think inflation will rise that much. I'm thinking max 5% with a 3% rise in interest rates (a 2% actual inflation), with a 7% increase in gdp. If taxes go down, trump spends money on infrastructure and the military, the dollar continues strengthening, I think aggregate demand rises enough to do it. Investment, one of the elements of GDP, will increase. Consumption will increase as money that would be spent to the treasury department are spent on the street, increasing by a factor inverse to the percentage people are saving and then adding to the existent money supply. Dollars will go round and round, which increases, inflation, true. But it means dollars are going round and round...