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has been brought on by the easy money policies [...] aimed at weathering the global Covid 19 pandemic Did the financial crisis of 2008 and subsequent decade of
by hyko 6y ago
has been brought on by the easy money policies [...] aimed at weathering the global Covid 19 pandemic
Did the financial crisis of 2008 and subsequent decade of financial and monetary policy responses not happen then? I must have imagined that one.
Edited to add: loose monetary policy is a macro trend that could easily outlive the pandemic recovery...it all depends on inflation. There’s an assumption that inflation is really going to get going any day now, but for various reasons it always seems to be under shooting. I guess we’ll see what happens when things open up...