> Monetary policy solved all the US’s problems following 2008
I think "all the US's problems" is a pretty extreme stretch. Monetary policy may have prevented a worst case depression scenario but the economy is still wildly unbalanced. Assets re-inflated but wages did not and there's still far too much private debt.
I think "all the US's problems" is a pretty extreme stretch. Monetary policy may have prevented a worst case depression scenario but the economy is still wildly unbalanced. Assets re-inflated but wages did not and there's still far too much private debt.