Commodity prices were low, but stable, and less than a decade earlier, the Fed and
other central banks around the world had been fighting off very high levels of inflation.
Other central banks around the world are approaching the same monetary - policy stage.
The Fed and
other central banks around the world are trying to avoid another Great Depression scenario.
With these, the best you can hope for are returns that approach the inflation rate — and you may earn substantially less, as investors have in recent years, thanks to the artificially low short - term yields engineered by the Federal Reserve and
other central banks around the world.