9 ms·
Your theory doesn't account for the fact that most economies worldwide are seeing high inflation (besides China and Japan).
by guelo 4y ago
Your theory doesn't account for the fact that most economies worldwide are seeing high inflation (besides China and Japan).
- slaw 4y agoIn most countries their Fed equivalent printed money like crazy. I know in European countries that was the case.
- yieldcrv 4y agoCentral bank policies have been coordinated for a decade. Its a new phenomena. Think of it like this, the Weimar Republic is a textbook example of hyperinflation because we could compare its currency to neighboring currencies. Now we couldn't do that exact kind of comparison if we wanted to because the neighboring currencies are being created at a proportional rate to the size of their relative economies. (We have to look at prices of a basket of consumptive goods instead.)