2 ms·
> You don’t think that the supply chain issues are related to our Covid strategy of “Stay the Fuck Home” via massive printing of money to support ridiculous une
by tablespoon 4y ago
> You don’t think that the supply chain issues are related to our Covid strategy of “Stay the Fuck Home” via massive printing of money to support ridiculous unemployment benefits and bridge loans to businesses?
1) The US could have pursued a COVID policy of “Kill Grandma, Save the Dollar,” and still had supply chain issues. We live in globalized economy, and China's COVID policy is just as significant to the supply chain as the US's (or even more so).
2) Even if the US's COVID policy did cause inflation, a policy along those lines may have still been the right one, given the circumstances. People monomanically focused on one or a few metrics (like inflation) usually advocate shit policy that's bad for everything else.