4 ms·
Exactly this is why I don’t understand the folks who think inflation is a purely monetary phenomenon. With demand shocks like this how can we not have deflation
by formercoder 6y ago
Exactly this is why I don’t understand the folks who think inflation is a purely monetary phenomenon. With demand shocks like this how can we not have deflation?
- grandridge 6y agoInflation comes from over reaction of trying to fight/prevent deflation
- MattGaiser 6y agoThey are people who have never bothered to look at an inflation table. They are content to blindly repeat that one economics textbook they read.
- changchuming 6y agoWall Street and main street are two different markets. OP specifically said we'll see consumer price inflation only if money trickles down to consumers, which is evidently not the case. Asset prices has gone to the moon however since 2008.