Richard Murphy says:
October 21 2020 at 12:09 pm
1. Trillions of QE around the world has not created inflation. Your claim is wrong.
So that deflation we’ve avoided through QE is summat else than inflation then, is it?
Richard Murphy says:
October 21 2020 at 12:09 pm
1. Trillions of QE around the world has not created inflation. Your claim is wrong.
So that deflation we’ve avoided through QE is summat else than inflation then, is it?
Isn’t it the case that QE has caused asset price inflation but so far not consumer goods inflation? Which was to some extent the point of choosing QE rather than printing money?