3 ms·
If food prices are soaring, and there's a bubble in all kinds of other assets like stocks and bitcoin, why aren't we calling it inflation - can anyone explain w
by tokenmonster 6y ago
If food prices are soaring, and there's a bubble in all kinds of other assets like stocks and bitcoin, why aren't we calling it inflation - can anyone explain why policymakers aren't really concerned?
- aww_dang 6y agoThere's little choice but to rationalize this state of affairs. Continuing to inflat the money supply is the politically expedient option. Price inflation is a related phenomenon. The Fed is unable to decrease it's balance sheet in a meaningful way. Some politicians are critical of central bank monetary policy. They are frequently maligned.