29 ms·
They kept the monetary base pretty steady for a while in the mid 2000's. It ended up hurting their ability to export and made it easier to import. They were unh
by skylan_q 10y ago
They kept the monetary base pretty steady for a while in the mid 2000's. It ended up hurting their ability to export and made it easier to import. They were unhappy with the slightly higher unemployment, the slight and constant price deflation, and the lack of GDP growth. Otherwise, things actually weren't that bad.