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> as inflation is the result of pandemic related production halts Is it? It's way more probably that having 40% of our Dollars being created in the last 12 mon
by hartator 5y ago
> as inflation is the result of pandemic related production halts
Is it? It's way more probably that having 40% of our Dollars being created in the last 12 months is the actual root cause.
Ref: https://fred.stlouisfed.org/series/M1SL https://fred.stlouisfed.org/series/M1SL
- tootie 5y agoThe "Money Supply Equals Inflation" crowd have been wrong as they could possibly be for the last 15 years, but are a glutton for punishment.
- whimsicalism 5y agoThey're out in force in this thread.