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How is people being right funny? Inflation being a side-effect of not having a depression is still inflation. The blame doesn't just suddenly evaporate. The U
by seoulmetro 5y ago
How is people being right funny?
Inflation being a side-effect of not having a depression is still inflation. The blame doesn't just suddenly evaporate.
The US caused most of the world's inflation.
- ceejayoz 5y agoJust the US? https://www.nytimes.com/2020/12/10/business/european-central-bank-stimulus-coronavirus.html https://www.nytimes.com/2020/12/10/business/european-central... https://www.wsj.com/articles/chinas-central-bank-cuts-reserve-requirement-ratio-for-banks-11638786385 https://www.wsj.com/articles/chinas-central-bank-cuts-reserv...
- seoulmetro 5y agoYes. Just the US caused most of the worlds inflation.
- SubiculumCode 5y agoIf so then the world did not go into a depression because of that money printing.
- seoulmetro 5y agoYes. What's your point? I already discussed that. >The blame doesn't just suddenly evaporate. >The US caused most of the world's inflation. The world follows the US in nearly all cases when there's a problem with the economy. That's what being a lead economy in the world means.