cross-posted from: https://lemmy.zip/post/804727
Archived version: https://archive.ph/tx0dh
Archived version: https://web.archive.org/web/20230728100426/https://www.reuters.com/markets/rates-bonds/big-central-banks-hike-again-with-end-tightening-sight-2023-07-28/
-2 points
The BOJ seems to have taken a totally different approach to inflation and actually has an extremely loose policy right now. Even still, inflation has fallen.
Almost like monetary policy is irrelevant…?
2 points
Hmm. Just from a cause and effect point of view, this would imply monetary policy is relevant as the country that took a different approach has had different results.
No idea if that’s true though as correlation does not equal causation.
-3 points
