Economics

1715 readers

14 users here now

founded 5 years ago

MODERATORS

[email protected]

What if soaring rates don't kill inflation? Central banks may be about to blow up the economy (www.abc.net.au)

submitted 1 year ago by [email protected] to c/[email protected]

4 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 1 points 1 year ago

Japan has the loosest monetary policy in the world, negative central bank interest rates, huge debt, big public spending, yet inflation hasn't been above 4% for 40 years.

They also import all raw materials.

Actual monetary inflation is pretty bad. Sell everything to hoard worthless tokens of exchange... clearly something broken.

permalink
fedilink
source
parent