There's a lot of economics where "if you do X, then Y" and I 100% do not doubt that's how it usually works.
The thing is that it feels like that since the housing crisis in the US Y following X doesn't seem as often to happen? Massive deficit spending was supposed to fire up hyper inflation then, and even during several efforts later ... didn't see it. The cycle of recessions seems to be turned off...
There's a lot of economics where "if you do X, then Y" and I 100% do not doubt that's how it usually works.
The thing is that it feels like that since the housing crisis in the US Y following X doesn't seem as often to happen? Massive deficit spending was supposed to fire up hyper inflation then, and even during several efforts later ... didn't see it. The cycle of recessions seems to be turned off...
Just makes me wonder.