Maybe people will listen to Jim:
“So for the millionth time, I will spell it out: The easings have everything to do with crisis and nothing to do with growth. Of course they are inflationary. But the crisis has to be averted. I would also argue, unlike the people on the Fed, that we are in a “deflationary” spiral not an inflationary one, because a deflationary spiral is what happens when your most important asset, your home, declines in value.”
Source: Bloggingstocks
