Spare the bear: the inflation debate that should be happening

Remember Knut the polar bear? Shortly after his birth at Berlin Zoo in 2006, he was rejected by his mother. A zookeeper stepped in to raise him by bottle. But some argued it would be better for the bear to be killed than raised by humans. “They should have the courage to let the bear die”, said the director of the Aachen Zoo. A media frenzy and widespread protests followed, ultimately saving Knut’s life. To our mind, central bankers seem to have a bit of a “let the bear die” mentality right now (for bear, read the economy). Come with us on this one…! It seems they would rather just let...