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Well, cost of anti-COVID measures in general, not just lockdowns. Vaccines, masks, mass testing etc is all very expensive. Everywhere printed money like crazy
by origin_path 4y ago
Well, cost of anti-COVID measures in general, not just lockdowns. Vaccines, masks, mass testing etc is all very expensive.
Everywhere printed money like crazy to pay for fighting COVID. Look at graphs of inflation. They are all very similar. They start taking off right at the start of 2021, i.e. just months after governments open the taps to fight COVID and that happens everywhere. Tradingeconomics.com has good graphs to see this.
- MattPalmer1086 4y agoIt seems very plausible that money printing has had an effect on inflation. It also seems likely to me that supply constraints are also working to push up prices. I'm not sure how to disentangle all the different effects, but I'm sure there's more than one cause. It's all interconnected I guess.