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Was there actually any inflation caused by that? I keep seeing people saying inflation has been stagnant for a decade. I wonder what would have happened to the
by jgh 9y ago
Was there actually any inflation caused by that? I keep seeing people saying inflation has been stagnant for a decade. I wonder what would have happened to the USD if the economy were allowed to implode the way it wanted to, perhaps the "inflation tax" would have been more desirable.
- doritos222 9y agoPoints at stockmarket and property prices and China
- paulsutter 9y agoAsset inflation because of low interest rates. It’s made the rich much richer and put housing out of reach of many young people.
- wallace_f 9y agoThere is nothing inherent in the world which declares investment banks must be subsidized by working people. Once they make that the case, and convince the public it is so, people willingly allow themselves to be robbed.