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It seems more like you're the one imposing politics on it. Everyone knows the inflation is occurring, the debates are all around what to do about it and those d
by frgtpsswrdlame 5y ago
It seems more like you're the one imposing politics on it. Everyone knows the inflation is occurring, the debates are all around what to do about it and those debates all depend on why the inflation is occurring. Right now those in control think that the inflation is a short, steep spike due to the costs of stopping and then restarting a global economy based on JIT inventories and so we shouldn't let it affect policy. Aka it comes much closer to the alien raygun and Jupiter alignment scenarios in your comment (in the sense that they are unavoidable realities that policy can't change), neither of which we would think to raise rates or cut public assistance to prevent.