Economics is the religion of equations.
Had been said before, by several others … . A pity that good presentations on the role of monetary expansions are “religionised”, so much deceiving the real issues, even if the directly deal with them.
If you put an ‘almighty god’ into any equation, there is only one solution. If you leave human beings, there needs, the abuse of power ecc. out of economics, there is no solution. As recently said, the devil is not always in the detail; and as also said Brazil is not just a geographical place …