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What? In what world is QE 1,2, and 3, the dramatic and unprecedented expansion of the ECB's balance sheet, and the BOJ and SNB openly buying equities "focused o
by daxorid 8y ago
What? In what world is QE 1,2, and 3, the dramatic and unprecedented expansion of the ECB's balance sheet, and the BOJ and SNB openly buying equities "focused on eliminating inflation"?
- Spooky23 8y agoWhen all of that happened, inflation never increased above 5%. Look at an inflation chart from 1900-today. 1984-today is basically flat. It’s never been less risky to hoard dollars.