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> So as long as the moves don’t go too far, increases in inflation and interest rates would be a sign the global economy is returning to a more prosperous equil
by samsonradu 8y ago
> So as long as the moves don’t go too far, increases in inflation and interest rates would be a sign the global economy is returning to a more prosperous equilibrium like the one that prevailed before 2008.
Pre-2008 was quite far from a prosperous equilibrium, otherwise it wouldn't have caused the crisis.