The goods in the supermarket were looted, and the remaining goods were sold at sky-high prices. The whole life of the old beauty can be described as miserable in one word. And from the data point of view, the price index of personal consumption expenditure in the United States in September increased by 4% year-on-year.
4.4 is the fastest growth rate since 1991. What concept? In other words, the inflation of Lao America is about to explode, which can be said to be thirty years old.
The strongest inflation, there may be brothers who want to ask, the inflation is so serious, do they care about it? Hey, it will not affect us. Humph here, I have to mention why Lao Mei wants to reduce debt?
Debt reduction is to reduce the amount of national debt to be bought. It used to be frantic to buy it, but now it is a bit of convergence, which is equivalent to reducing the liquidity of funds in a disguised form. And paper means to gradually reduce liquidity.
Before we talk about paper, let’s first explain a word corresponding to it called q e, that is, quantitative easing, which reduces the pressure on banks by expanding currency circulation. The common ones are generally through the purchase of bonds, asset-backed securities, and so on.