4 ms·
Please do provide some explanation if you have any. I find it amazing that people have said from the beginning the money printer will cause inflation. When it
by xunn0026 5y ago
Please do provide some explanation if you have any.
I find it amazing that people have said from the beginning the money printer will cause inflation. When it finally arrives it was "transitory" and now, lo and behold, it's a great concern of the Fed.
I still think it was the money printing. People are not scrambling to buy iPhones and factories can't keep up. Everything is more expensive!
- pessimizer 5y agoAs mentioned in the comment you're replying to, check the expansion of the money supply after 2008, and check the inflation since; check how long it took to get anywhere near 2%. For shits and giggles, check out the predictions of the same people you're listening to now, then.
- xunn0026 5y agoI'm not listening to anybody. I've been talking about the pending inflation every since the US went overdrive with money printing and started handing you money to the entire working population. Maybe I guessed it by mistake but I don't buy that the two (money printing and inflation) somehow overlapped. Again, if it were a supply issue you would see it in niches. We have inflation on energy, food, everything. The supply and demand for energy and food is about the same. There was no shock there.