Central Bankers Are Not Responsible for Inflation, You Know?

Nobody really saw this coming. You know, central banks were kind of maxed out on permicue in perma zero interest rase. And the other thing about the 19 seventies is that everybody blames central bankers for that inflation outbreak. That's wrong. But central banks, you know, because they believe their own bulship, and because they've spent the last 30 years telling us that they're the ones that manage to keep inflation low,. It does, i thinko now we're in danger of these central banks just over reacting.