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> If people are selling stock, taking out loans, doing other things in order to demand and obtain dollars, then we won't see inflation. Yet. Isn't it plausible
by rualca 6y ago
> If people are selling stock, taking out loans, doing other things in order to demand and obtain dollars, then we won't see inflation. Yet.
Isn't it plausible that the dollar supply isn't actually reaching consumer markets, and consequently inflation stagnated because a drop in purchasing power leads to a drop in aggregate demand?
- krupan 6y agoThis comment expounds on what I said pretty well: https://news.ycombinator.com/item?id=25576634 https://news.ycombinator.com/item?id=25576634