2 ms·
Downplays inflation risks of governments printing money, but does point out this aspect: “...many households are deeper in debt now than a year ago. Many more
by krupan 6y ago
Downplays inflation risks of governments printing money, but does point out this aspect:
“...many households are deeper in debt now than a year ago. Many more just got by. But the best off just got richer. That’s what QE does.
This bias to the already wealthy within QE was not by chance...”