3 ms·
I don't think we are finding out that much. Most other countries are experiencing the same inflation we are and not all of them deficit spent a lot during the p
by jjeaff 4y ago
I don't think we are finding out that much. Most other countries are experiencing the same inflation we are and not all of them deficit spent a lot during the pandemic. Nor do most even have that power.
Surely some of the inflation and really low unemployment is due to QE. But it's likely a lot more of it is due to an economy growing while the active workforce is shrinking and external factors like the pandemic and war in Ukraine causing supply issues.