3 ms·
I didn’t say it prevented inflation, I said inflation was mild given the amount of stimulus. IMO this is because as supply of money increased demand did too, an
by fnordpiglet 3y ago
I didn’t say it prevented inflation, I said inflation was mild given the amount of stimulus. IMO this is because as supply of money increased demand did too, and supply was sufficient to meet demand and the economy expanded rather than price inflation.
- geysersam 3y agoI see, I misread you. You meant the inflation was due to the QE. I thought you meant the mildness was due to the QE.