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Even putting the graph aside, could we really expect anything other than high inflation when the U.S. gov't has been injecting trillions (much of which is defic
by curiousgeorgio 4y ago
Even putting the graph aside, could we really expect anything other than high inflation when the U.S. gov't has been injecting trillions (much of which is deficit spending) into the economy for the past couple of years?
- colinmhayes 4y agoWell they were injecting trillions over the decade following 2008, so it really wasn't that clear. But yes, some inflation was expected following the covid relief packages.