Very recommendable! For at least 15 years or so Western central banks (incl. the Fed) inflated their balance sheets to buy e.g. government bonds and they maintained ultra low interest rates over that period. Both have been reckless and irresponsible!
Cheap combined with too much money often are a major cause of price inflation! Essentially all economists know that, but few have voiced their criticism!
Cheap combined with too much money often are a major cause of price inflation! Essentially all economists know that, but few have voiced their criticism!
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