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Quantitative Easing and the Economy
For years and years, these central bankers were telling us that inflation is too low. We don't have enough inflation because it's not 2%. And again, we don't need prices to go up. So they said, no, we're doing quantitative easing. And somehow that sounds more palatable than inflation. But they've created so much. You've got double-digit inflation or high single-digit inflation pretty much in all the advanced economies in the world.