4 ms·
What is the consequence of this? Does it matter or is this just "funny money" being lost?
by blindriver 4y ago
What is the consequence of this? Does it matter or is this just "funny money" being lost?
- epgui 4y agoI'm pretty sure you can safely ignore a lot or most of this article. This is not my area of expertise, but from what little I understand, it miscontextualizes a lot of true facts and abuses a few words (semantics is everything) to give the wrong impression about what central banks are, how they work, what the incentives are, what metrics mean and which ones matter. I could be wrong, but I'd wager if we had a handful of economists in the comments section they'd generally agree, but would have a much better explanation than me.