Quote Originally Posted by RandBlade View Post
Not so sure I 100% agree. I'm honestly not certain which if either has a dominant effect, but I do think one of the biggest effects in recent decades is state of the global economy.
The state of the global economy is the same all over the world. The effects might vary. But main drivers like oil prices are almost the same. Still we see quite a difference in inflation rates.
Lewkowski pretty much said he was talking about the US inflation. And I do think that QE is playing a role there. Even though I don't want to go as far as claiming it is the biggest factor. Could be, could not.