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Not clear to me what is "goofy" here. You dislike the word acolytes? > Japan's exploded over a generation ago and And how did that go? > Most of western eco
by anm89 5y ago
Not clear to me what is "goofy" here. You dislike the word acolytes?
> Japan's exploded over a generation ago and
And how did that go?
> Most of western economies "exploded" 10-15 years ago.
Sure and they had 15+ years worth of runway to lower rates. So seems about right that they didn't have an issue while their strategy was still viable.
> That does not mean that their theory of inflation (national debt)
What does this even mean? Debt to GDP is ~130%. Seems like what most of them have been consistently predicting for years.