4 ms·
ZIRP in the 2010s didn't lead to price inflation (CPI), but I think there's a very strong argument to be made that it lead to asset price inflation [0]. [0] ht
by scrlk 3y ago
ZIRP in the 2010s didn't lead to price inflation (CPI), but I think there's a very strong argument to be made that it lead to asset price inflation [0].
[0] https://en.wikipedia.org/wiki/Asset_price_inflation https://en.wikipedia.org/wiki/Asset_price_inflation