|
|
|
|
|
|
by dragonwriter
1287 days ago
|
|
|
> If West can run quantitative easing for 15 years Who did that? US did 6 years starting in 2008 due to the Great Recession and less than 2 starting in 2020 in response to the unusually deep, if quite short, pandemic recession, and the latter of those, because it wasn’t tapered quickly enough for the circumstances, triggered the highest inflation seen in a long time. > why not Russia? Russia can do QE as long as it wants, but QE is just self-inflicted inflation. It is a band-aid for incipient deflation, which isn’t a problem Russia has. |
|
|