The Difference Between the 2010s and the 2020s in Inflation

By the time the Fed began raising rates here in the United States, they were already behind the curve. I think that right now, and without getting into too many political details, Europe is probably not in a good place relative to where it was 10 years ago. The ECB maybe should be a bit bolder on this inflation issue, because we all know that period of very low interest rates create massive inequality.