It is surprising how many macroeconomic commentators propagate the false notion that “quantitative easing doesn’t cause inflation” typically offering up some esoteric accounting of the Fed’s balance sheet or the difference between bank reserves and currency in circulation or the highly structured means by which the Fed implements QE or some other means of obfuscating, through needless complexity, the obvious goal of this unusual monetary policy tactic.
Reflation Gave Way to Inflation
Reflation Gave Way to Inflation
Reflation Gave Way to Inflation
It is surprising how many macroeconomic commentators propagate the false notion that “quantitative easing doesn’t cause inflation” typically offering up some esoteric accounting of the Fed’s balance sheet or the difference between bank reserves and currency in circulation or the highly structured means by which the Fed implements QE or some other means of obfuscating, through needless complexity, the obvious goal of this unusual monetary policy tactic.