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A Profit Recession Is Coming, An End To Inflation Is Not | Vincent Deluard
Forward Guidance
The Inflationary Effects of Quantitative Easing
Central bank does not create money. Commercial banks toe central bank create bank reserves, and then he banking sector disposes of these bank reserves in whatever based on the demand. The psychological inflation against inflation is inflationry. If you see high prices for a long time, you saw changin your behavior. That's how infationary spiral kick in. And again, these are things that the fet cannot controland.
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