3 ms·
>Inflation takes years to fully emerge Evidence? >printing money exacerbates wealth inequality No, the method of distribution exacerbates inequality Importa
by ajmadesc 5y ago
>Inflation takes years to fully emerge
Evidence?
>printing money exacerbates wealth inequality
No, the method of distribution exacerbates inequality
Important distinction.
- tastyfreeze 5y agoIt is called response lag and is a well studied phenomenon. https://www.lancaster.ac.uk/staff/ecajt/inflation%20lags%20money%20supply.pdf https://www.lancaster.ac.uk/staff/ecajt/inflation%20lags%20m... Yes, distribution matters. Us common folk got a taste, with stimulus checks, of what has been happening for nearly a century at the top.
- ajmadesc 5y agoThanks, I learned something today. Wouldn't introducing automatic stabilizers, like stimulus checks cut recognition and decision lag.