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It certainly stimulated GameStop stock. I think the criticism is that the stimulus worked too well and we’re suffering inflation and whatnot now.
by prepend 5y ago
It certainly stimulated GameStop stock.
I think the criticism is that the stimulus worked too well and we’re suffering inflation and whatnot now.
- adra 5y agoInflation is hitting most countries aggressively now. The US may actually be on the conservative end of inflation which may have been buffered using government subsidies/influence, but the net takeaway is the rapid expansion in the world can't be explained by simply looking at the US's free-money-keep-buying scheme.
- spekcular 5y agoNot Japan, for instance: http://gregmankiw.blogspot.com/2022/05/an-inflation-puzzle.html http://gregmankiw.blogspot.com/2022/05/an-inflation-puzzle.h...
- fomine3 5y agoThe graph shows until this Feb. JPY has been plunged about 13% recently, and even without it import energy/food/everything price is increasing for obvious reason. Let's see whether salary catch up (I doubt).
- mr_toad 5y agoMost countries adopted the same loose fiscal and monetary responses, with the same predictable results.