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Sanctions can certainly cause inflation. They just cause less inflation if the government (Iraqi Kurdistan) isn't printing any more paper, or more inflation if

Sanctions can certainly cause inflation. They just cause less inflation if the government (Iraqi Kurdistan) isn't printing any more paper, or more inflation if the government (the rest of Iraq) decided to print its way out of debts. And sanctions can certainly cause inflation if it becomes more expensive to import goods (or make them locally instead).

RobertoG 5y ago
But what if it's the other way around? What if, because sanctions or war or whatever causes inflation, governments, in order to avoid the worse outcome of what would happen if they stop working totally, have to create more money. Then, inflation is what creates money, not the other way around, and the narrative should be a very different one.