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A comment on U.S. Inflation Accelerates to 40-Year High. Parent comment
We've also seen that interest rate cuts amd QE are very weak at stimulating inflation, and very strong at stimulating asset values.
I'm coming around to the view that UBI should be used to fight deflation, and interest rates to fight inflation.
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We've also seen that interest rate cuts amd QE are very weak at stimulating inflation, and very strong at stimulating asset values.
I'm coming around to the view that UBI should be used to fight deflation, and interest rates to fight inflation.