4 ms·
> In a wealthy society like outs, assets are exactly where you would see the inflation. Demand for staple goods isn't going to go up Demand may not go up, but
by ptero 6y ago
> In a wealthy society like outs, assets are exactly where you would see the inflation. Demand for staple goods isn't going to go up
Demand may not go up, but the costs for producers will and those costs are going to get passed to consumers.
Prices of many things, from meat to eggs to lumber, are already up a lot. I also see signs "sorry, our costs are rising, so we have to pass a portion of the increase to you" in supermarkets.
Printed money (in the real world, especially with a single party railroading it) will, for the most part, benefit those who do not need it. And the portion that will reach the lower incomes will be eaten away by taxes, inflation and rising costs of doing things.