If the Fed could produce inflation at will, pray tell how the hell can they not meet their own targets?
Same Q to ECB and BOJ?
Seems pretty damn incompetent to try to destroy your own currency and fail at it.
Here's a hint: Very few understand debt deflation, including the Fed https://twitter.com/LebonePurvis/status/1246191183207907328
Same Q to ECB and BOJ?
Seems pretty damn incompetent to try to destroy your own currency and fail at it.
Here's a hint: Very few understand debt deflation, including the Fed https://twitter.com/LebonePurvis/status/1246191183207907328
@ProfSteveKeen care to chime in on this thread?