Hacker News new | ask | show | jobs
by diogenescynic 2210 days ago
Why don’t you google it instead of calling me an idiot. It’s not even slightly controversial, so all you jumping on this attack just reveal your actual ignorance on the subject. QE has led to deflation in Japan, not inflation.

Try reading this and you’ll get it: https://www.economyandmarkets.com/economy/central-banks/japa...
1 comments
MiroF 2210 days ago
> It’s not even slightly controversial, so all you jumping on this attack just reveal your actual ignorance on the subject.

It's not even slightly controversial that QE causes deflation? That's just laughable, honestly. Look, mainstream economists disagree with you [0].

QE usually occurs in the context of a real shock that induces deflationary pressure, but the fact that QE and deflation sometimes co-occur is correlation, not causation.

[0]: https://www.themoneyillusion.com/how-strong-is-the-case-for-...

link
diogenescynic 2210 days ago
Too bad it never happened in Japan where we have a real world example we can actually compare it to. I think you’re in over your head on this.
link
MiroF 2210 days ago
> I think you’re in over your head on this.

If you can't tease out the difference between correlation and causation, I suspect that you are the one in over your head.

I have experience in academic economics, you clearly, do not.

https://www.themoneyillusion.com/wp-content/uploads/2019/10/...

Guess when Japan's deflation ended?

link