3 ms·
Supply chain problems because of virus & fiscal stimulus (as opposed to monetary). Monetary can't cause inflation since velocity of money drops. Fiscal can) A
by medvezhenok 5y ago
Supply chain problems because of virus & fiscal stimulus (as opposed to monetary).
Monetary can't cause inflation since velocity of money drops. Fiscal can)
Also the overall consumption basket suddenly flipping from 60% services to 60% goods on a dime in April 2020)