disclaimer: behavioral parallels.
let's remember the liquidity programs two years ago.
public perception: this is hyperinflation, they print money!
OK, sorted out. …hmm, and… …e…. about! And they (reserves) everybody is going to gush now!
hyperinflation, hyperinflation!!!!
naive monetarism, it's still that.
By the way, when the wolf comes, it will not come from the monetary side,
but with the most ordinary, with the most common cyclical.
