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by xxpor 1716 days ago
Have you completely forgotten 2008-2014? That's the counterfactual.
1 comments
spectramax 1716 days ago
That's known as hindsight bias and if anything, you're naively glossing over. The 2008 fiscal stimulus dwarfs COVID printing machine. Here is the actual data:

https://www.mckinsey.com/featured-insights/coronavirus-leadi...

https://www.economist.com/briefing/2021/07/10/surprising-lev...

https://www.economist.com/img/b/600/653/90/sites/default/fil...

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