> Even the European Union, which has been subjected to quantitative easing policies from around a whole decade and thus has been seeing their central banks prin

> Even the European Union, which has been subjected to quantitative easing policies from around a whole decade and thus has been seeing their central banks print money like crazy, at most only complains about low inflation and mild economic stagnation. The part with print money like crazy is absolutely true. The claim that there's low inflation in Europe, is absolutely false. Official inflation numbers are relatively low only because real estate and other things are arbitrarily excluded from cpi. It's always astounding to me how people can pretend as if rising real estate prices did somehow not trickle down to rents and thus effectively all everyday purchases, people make. The world is full of zero-sum games whose existence people often deny ... just because many of them are long and complex and interconnected chains of interactions which means they are lots of work to describe accurately doesn't mean they're not there.