I would call that selective quoting of a notion of inflation.
I meant no inflation after the QE, as anyone paying attention would conclude.
Go see the figures on real GDP grow.
I'm not going to lower myself to return your compliments. But next one, you are going directly to my ignore list.
I meant no inflation after the QE, as anyone paying attention would conclude.
Go see the figures on real GDP grow.
I'm not going to lower myself to return your compliments. But next one, you are going directly to my ignore list.
QE is inflation by definition. The currency supply is inflated. This results on higher prices on goods and services.
Nope. You're missing the full equation just like the other guy. Look at Japan, same thing, zero interest rate policy, QE, it's been this way for over a decade. Look at Japan's inflation:
Interesting. Im sure there are potentially many reasons why Japan has failed to create inflation despite decades of QE. I assume the main reasons are an ageing population and / also a population of savers.
Or does it just say that QE does not work and that the deflation 'problem' is actually structural?