If QE is not working, then it's not causing inflation. They are trying to generation inflation with QE. Critics need to understand you can not say "QE is not working" and "there is no inflation."
JW,I believe critics need to understand what inflation is (and is not) first.
If QE is not working, then it's not causing inflation. They are trying to generation inflation with QE. Critics need to understand you can not say "QE is not working" and "there is no inflation."
ReplyDeleteJW,
DeleteI believe critics need to understand what inflation is (and is not) first.