I distinctly remember one year ago or so commenting on an M1 money supply thread on HN, musing that inflation was on the horizon, then getting dogpiled by dozen

I distinctly remember one year ago or so commenting on an M1 money supply thread on HN, musing that inflation was on the horizon, then getting dogpiled by dozens of people accusing me of not knowing the definition of inflation (they did not understand that asset inflation is also inflation). At the time I was one of the people doubting the policy of giving people free money as "pandemic relief" instead of just ending the lockdowns and letting small business owners and employees engage in society at their own (relatively small) risk. I was accused of being ignorant and selfish. Now the chickens have come home to roost and there are people raising concerns for how this will affect the poor when it was likely those very same people who supported the policies that have caused this inflation in the first place! Ironically if we had listened to the "selfish rich westerners" who opposed the policy of unchecked "pandemic relief" for the poor there would be no current looming threat to the poor. Many who claim to care for the poor will read this comment and continue to accuse me of being selfish and ignorant without the least bit of self-introspection on how their own worldview contributed to this very situation. That is the reason that inflation will only continue to worsen and the poor will be in an ever worse situation.