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Central Banks Have Not Yet Won The Fight on Inflation

The Loonie Hour

CHAPTER

Is QE Quantitative Easing the Main Mechanism to Squeeze Inflation?

I think that's severely distorted by people with a lot of savings. A lot of households don't have like a thousand bucks available in case something happened to them. The stock went up to almost two trillion back during the pandemic and now it's right back down to 700 billion again. You're going to see that that story is sort of played itself out as well.

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