That obscures the role of the European Central Bank, who kept raising interest rates while the USA was slashing them.
Seven years of almost zero-interest rates in the US, and has accomplished what? Almost every economics professor who appears on the Business Channel and gets dragged into this topic....basically mutters that it’s a grand experiment that has never been done before and they have no idea where this leads? And this is US nationalist policy?
I’m not buying into the ECB, but all things considered...the US Fed and Treasury department strategy is the one that I’d question to a great extent.