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All central banks have been focused on the other issue since 2008. No one has been very worried about inflation until very recently.
by sidibe 9y ago
All central banks have been focused on the other issue since 2008. No one has been very worried about inflation until very recently.
- ergothus 9y agoBanks, perhaps. Everyone else (conservative pundits, fiscal pundits) seem to be declaring imminent crippling inflation on a regular basis, yet it never seems to happen, even when the banks/govt take the action (or don't take the remedy) to this threat. Qe1 and Qe2 in the US were both accompanied by much hand wringing and doomsaying (for example), but the logic of the fear never made sense to me.