Didn't experts recently assure us that vaccines would bring COVID under control? Now they claim to have a handle on inflation. There is a growing sense that QE is a political necessity and will continue until there is sufficient economic dysfunction. What if no monetary policy exists that can simultaneously stabilize both consumer and asset prices?
Superb coverage of this complicated topic by Adam.
Bild has a much lower circulation, 1.6 million at best
Didn't experts recently assure us that vaccines would bring COVID under control? Now they claim to have a handle on inflation. There is a growing sense that QE is a political necessity and will continue until there is sufficient economic dysfunction. What if no monetary policy exists that can simultaneously stabilize both consumer and asset prices?