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> It’s not even slightly controversial, so all you jumping on this attack just reveal your actual ignorance on the subject. It's not even slightly controversia
by MiroF 6y ago
> It’s not even slightly controversial, so all you jumping on this attack just reveal your actual ignorance on the subject.
It's not even slightly controversial that QE causes deflation? That's just laughable, honestly. Look, mainstream economists disagree with you [0].
QE usually occurs in the context of a real shock that induces deflationary pressure, but the fact that QE and deflation sometimes co-occur is correlation, not causation.
[0]: https://www.themoneyillusion.com/how-strong-is-the-case-for-helicopter-drops/ https://www.themoneyillusion.com/how-strong-is-the-case-for-...
- diogenescynic 6y agoToo bad it never happened in Japan where we have a real world example we can actually compare it to. I think you’re in over your head on this.
- MiroF 6y ago> I think you’re in over your head on this. If you can't tease out the difference between correlation and causation, I suspect that you are the one in over your head. I have experience in academic economics, you clearly, do not. https://www.themoneyillusion.com/wp-content/uploads/2019/10/Screen-Shot-2019-10-25-at-12.19.26-PM-1.png https://www.themoneyillusion.com/wp-content/uploads/2019/10/... Guess when Japan's deflation ended?