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Inflation
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<blockquote data-quote="rickyb" data-source="post: 5262944" data-attributes="member: 56035"><p>steve keen says central bankers who dont understand economics, will increase rates but that wont cure the inflation because the inflation is supply chain caused. he thinks they will start to destroy asset values like housing which will affect banks financial stability and then they will back off and maybe have the moment of reckoning they shouldve had in 2008 that they dont know what theyre doing.</p></blockquote><p></p>
[QUOTE="rickyb, post: 5262944, member: 56035"] steve keen says central bankers who dont understand economics, will increase rates but that wont cure the inflation because the inflation is supply chain caused. he thinks they will start to destroy asset values like housing which will affect banks financial stability and then they will back off and maybe have the moment of reckoning they shouldve had in 2008 that they dont know what theyre doing. [/QUOTE]
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