2 ms·

“ the sizable fiscal support measures aimed at counteracting the economic collapse due to the COVID-19 pandemic could explain about 3 percentage points of the r

“ the sizable fiscal support measures aimed at counteracting the economic collapse due to the COVID-19 pandemic could explain about 3 percentage points of the recent rise in inflation.” You’ll have to wade through a lot of fluff to basically get to the heart of the argument, which is that printing so much money to give everyone a stimulus check, directly led to inflation.

danboarder 5y ago
Indeed, I think this the central argument and conclusion. What o find interesting is the delayed effect. We had "more money" for a while until the dilution caught up and affected prices across the board.