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Most of us did vote for quantitative easing. Certainly after 2008, for many years, in the USA and in Europe, people were voting any kind of stimulus they could
by lkrubner 5y ago
Most of us did vote for quantitative easing. Certainly after 2008, for many years, in the USA and in Europe, people were voting any kind of stimulus they could get, and when it was impossible to get enough fiscal stimulus, most of us were willing to support any effort for monetary stimulus as a second-best alternative. It is, of course, an interesting point of discussion why it was so difficult to get sufficient fiscal stimulus, but that topic is too complex to get into in a comment on Hacker News.