Quote:
Originally Posted by Enoch Root
Deflation has been a global concern for some time - it is the primary driving force behind the quantitative easing programs that has been happening since 2008.
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Source?
I think that's way oversimplified. And if I had to name the primary cause of quantitative easing, I would say growth - which has been positive but sluggish in most Western economies. The cynic in me would say the "primary" cause of quantitative easing is to keep money flowing in the financial markets.
But really, it's mostly about Western economies taken as a whole. I'm not sure deflation has really been a significant worry.