Thanks for the insightful comment. I am curious to know whether you subscribe to the Keynesian or Austrian school of economics (or neither).
I would also be interested to get your insights on how this game might play out in the long run if other high-powered countries are afraid to make the move to raise interest rates for fear of upsetting the local/global economy.
I would also be interested to get your insights on how this game might play out in the long run if other high-powered countries are afraid to make the move to raise interest rates for fear of upsetting the local/global economy.