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Imagine how much consumer process would rise of companies were not able to subsidize profits with leverage! Assets rise at a higher rate due to USD devaluation(
by ghastmaster 6y ago
Imagine how much consumer process would rise of companies were not able to subsidize profits with leverage! Assets rise at a higher rate due to USD devaluation(printing) and the cash being directed mostly to asset holders. Directing cash to consumers will have a more significant impact on CPI.
I've read a lot of economics articles and this article was hard to follow. The writing was just not clear and concise. For example, she defines several types of inflation early on, and then does not define which type she is referring to later in the article. Wolf Richter is my favorite current economics pundit at the moment.