3 ms·
I don't understand you try to characterize money printing with runsway inflation. For one I am Not arguing for unlimited money printing I am talking more about
by PrimalDual 10y ago
I don't understand you try to characterize money printing with runsway inflation. For one I am
Not arguing for unlimited money printing I am talking more about QE style money printing. You don't continue pumping money into the economy if it's already at full capacity and you have reached your inflation target. In fact the United States has printed trillions of dollars through QE but what we experience right now is a very far from runaway inflation. What I am saying is perhaps we need higher inflation to get full employment. I also don't think a 4% target is exactly Venezuela levels of inflation.