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QE made the inflation rate above-zero instead of being negative. Its purpose was to stave off deflation.
by SamReidHughes 5y ago
QE made the inflation rate above-zero instead of being negative. Its purpose was to stave off deflation.
- trinovantes 5y agoAnd in both examples, inflation did not skyrocket like it is today. Therefore QE is not solely responsible for most of the inflation that we are seeing