3 ms·
2015-2020 was zero interest rate period not zero inflation. Housing went up 14% https://www.in2013dollars.com/Housing/price-inflation/2015-to-2020?amount=100 h
by slaw 4y ago
2015-2020 was zero interest rate period not zero inflation. Housing went up 14%
https://www.in2013dollars.com/Housing/price-inflation/2015-to-2020?amount=100 https://www.in2013dollars.com/Housing/price-inflation/2015-t...
- the_mitsuhiko 4y agoYou are linking to US data. However you are right that the inflation in Europe was not 0%, but it was well below the 2% target rate. The average inflation rate over that time period is around 1.2%.