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Agreed, there will always be a lot of doom and gloomers predicting massive inflation but I think a lot of people just don't realize how much of our goods are de
by lefrenchy 5y ago
Agreed, there will always be a lot of doom and gloomers predicting massive inflation but I think a lot of people just don't realize how much of our goods are dependent on international cheap labor (to keep prices low) and supply chains. That seems to me to be much more a factor at the moment than "money printing". We had a massive economic shock, it doesn't seem worrying to me that we'd have some rebound effects.
- abystander 5y ago> there will always be a lot of doom and gloomers predicting massive inflation Clearly if all the actually essential things like education, housing and healthcare are manifestly unaffordable - it's not a matter of prediction - it's already here. Conveniently these things are generally left out of the CPI that people use to claim whether inflation is happening.