Doesn’t matter what other central banks did or what other people did, as an economist, he must know what causes phenomenon. His failure shows he does not understand causation of inflation, whether in a Keynesian sense or classical definition of the word. That is like a car mechanic who has no idea how to fix your car, because he doesn’t know what the problem is.
Doesn’t matter what other central banks did or what other people did, as an economist, he must know what causes phenomenon. His failure shows he does not understand causation of inflation, whether in a Keynesian sense or classical definition of the word. That is like a car mechanic who has no idea how to fix your car, because he doesn’t know what the problem is.