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Did you notice there was a multi-year pandemic that destroyed supply chains and greatly increased labor costs? The causality is not as simple as “governments p
by pavlov 5y ago
Did you notice there was a multi-year pandemic that destroyed supply chains and greatly increased labor costs?
The causality is not as simple as “governments printing money -> inflation”.
- HarryHirsch 5y agoYes, this time it's a stuff shortage, not an oversupply of money. But the central bank still wants to raise rates, which is silly. The current prices and shortages are a result of longstanding policy, just not monetary policy.