Re:Fed Ends Zero-Rate Era
by rodgerd on Wednesday December 16, 2015 @07:39PM
(#10748631)
> It is not clear to me that anyone is doing anything about that (except, of course, in the negative sense.)
Precisely - monetary policy in the English-speaking world has, since the 80s, been focused on avoiding inflationary pressures via avoiding "too much" growth. Anything that would lead to upward income pressure outside the executive suite is "too much".
Precisely - monetary policy in the English-speaking world has, since the 80s, been focused on avoiding inflationary pressures via avoiding "too much" growth. Anything that would lead to upward income pressure outside the executive suite is "too much".