Meric
Disingenuous? I am just reading the data as I see it.
"You'll find the entire purpose of Quantitative Easing programs is to ensure the inflation rate reaches the Federal Reserve's inflation target"
I don't doubt that the Fed has been trying to stimulate the economy and produce some much needed inflation. But I don't think that it is working, and I see part of the reason it hasn't been working in the Fed accounts.
By itself, QE won't stimulate inflation. The banks have to choose to increase lending in areas that will stimulation consumption to points approaching capacity constraints. That just hasn't happened.
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