4 ms·
1. Print money indiscriminately, long after the economy has recovered. 2. Institute a forced lockdown on the global economy without sufficient evidence or unde
by puranjay 4y ago
1. Print money indiscriminately, long after the economy has recovered.
2. Institute a forced lockdown on the global economy without sufficient evidence or understanding of the looming disaster
3. Print even more indiscriminately and hand out "loans" to practically anyone wtih any kind of business
4. Insist that inflation is transitory
5. Say you're going to raise rates. But don't raise them high or fast enough, allowing inflation to creep up.
6. Panic.
Unreal incompetence. A bunch of suites in a boardroom shouldn't have that much power over the global economy.