The EU, US and UK all have very low interest rates. However, as the chart above indicates, none of these countries has an inflation problem.
Monday, April 1, 2013
EU, UK and US Inflation Is Under Control.
One of the most frequent counter-arguments offered to the various easing programs going on around the world is that they will lead to inflation. However, the data does not bear that out. Consider this chart:
The EU, US and UK all have very low interest rates. However, as the chart above indicates, none of these countries has an inflation problem.
The EU, US and UK all have very low interest rates. However, as the chart above indicates, none of these countries has an inflation problem.
