Can a Central Bank Always Create Inflation? - InvestingChannel

Can a Central Bank Always Create Inflation?

Ambrose Evans-Pritchard got a Paul Krugman lashing over the weekend thanks to some comments about the power of Central Banks when the economy is stuck at the zero lower bound.  Evans-Pritchard had argued that increasing the money supply is still a relevant strategy for increasing inflation and Paul Krugman didn’t agree based on the evidence […]

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