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> Consider that the 2021 inflation rate is likely a symptom of COVID It's mostly a symptom of reckless monetary and fiscal policies. > Monthly inflation rates
by jmstfv 5y ago
> Consider that the 2021 inflation rate is likely a symptom of COVID
It's mostly a symptom of reckless monetary and fiscal policies.
> Monthly inflation rates for the last few months of 2021 were trending downward
It's the opposite if CPI is to be believed (which is a big if): https://www.bls.gov/charts/consumer-price-index/consumer-price-index-by-category-line-chart.htm https://www.bls.gov/charts/consumer-price-index/consumer-pri...
- kelnos 5y ago> It's mostly a symptom of reckless monetary and fiscal policies. ... as a result of the pandemic... The US public will not tolerate sustained high inflation. Congresspeople and presidents who push monetary and fiscal policies that increase inflation (and nominate Fed leadership that do the same) will get voted out over time.
- UncleMeat 5y agoYour chart measures a 12 month trailing computation. That number going up does not imply that the month-by-month inflation is actually going up. If that number went up in December all it means is that December 2021 had more inflation than December 2020. It says nothing at all about the relative inflation between November 2021 and December 2021.