> You're confusing the economic effects of inflation and deflation with environments of low and high real interest rates. No I'm not. The one is the primary m

> You're confusing the economic effects of inflation and deflation with environments of low and high real interest rates. No I'm not. The one is the primary mechanism that is being used to create the other. > Of course, the real problem... The real problem was policymakers believing dumb shit, if we're being charitable, confusing correlation for causation. https://www.youtube.com/watch?v=QsAnssN1cxM https://www.youtube.com/watch?v=QsAnssN1cxM