Re:JPMorgan says the U.S. is probably headed for a recession
by dragonwriter on Wednesday March 22, 2023 @01:58AM
(#35257347)
> You’re proposing to print away the debt during a period of already high inflation.
Current inflation isn’t that high (YoY is still high because its trailing), and if there is a recession, it will naturally fall faster, and easy money is the natural policy in those conditions, independent of debt concerns (which monetary policy generally is, that’s kind of the point of an independent central bank.)
Current inflation isn’t that high (YoY is still high because its trailing), and if there is a recession, it will naturally fall faster, and easy money is the natural policy in those conditions, independent of debt concerns (which monetary policy generally is, that’s kind of the point of an independent central bank.)