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Please show a quote where he predicts a "long period of low inflation". The transcript feature on that site states "Why are interest rates currently so low? S
by anotherman554 4y ago
Please show a quote where he predicts a "long period of low inflation".
The transcript feature on that site states
"Why are interest rates currently so low? Shouldn't they be higher, reflecting expected inflation? Because people all over the world are fearful. But they've moved up quite a bit in the last month"
So he's saying inflation hadn't hit yet in 2009 but when the fear goes away they would. He's also implying inflation is beginning in 2009 since they "moved up quite a bit"
That doesn't sound like a 10 year low inflation prediction. It also doesn't sound like what happened over the last decade.
- refurb 4y agoThanks for your critique without actually listening to the podcast.