Was there ever a tightening before it is ending? I thought tightening would mean deflation? Or it is all a joke and the words mean whatever Powell wants them to mean?
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0 sats \ 0 replies \ @beyond_turbulence 2h
Thanks : https://beyondturbulence.blogspot.com/p/qt-qe-and-metabolic-manifold.html?m=1
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0 sats \ 0 replies \ @Undisciplined 4h
There are long lags between printing and price inflation. I think the tightening was done to prevent even more price inflation from all the Covid era printing.
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