4 ms·
> Alot of people have been predicting that this inflation was driven by supply chain problems and not by printing money. The SF Fed looked at this: * https://
by throw0101a 4y ago
> Alot of people have been predicting that this inflation was driven by supply chain problems and not by printing money.
The SF Fed looked at this:
* https://www.frbsf.org/economic-research/publications/economic-letter/2022/june/how-much-do-supply-and-demand-drive-inflation/ https://www.frbsf.org/economic-research/publications/economi...
About one-third seems to be demand-driven:
* https://www.reuters.com/markets/us/demand-issues-account-one-third-us-inflation-spike-sf-fed-2022-06-21/ https://www.reuters.com/markets/us/demand-issues-account-one...
- paulmd 4y ago> About one-third seems to be demand-driven: if inflation were 1/3 of its current level, would that be considered an unusual or concerning level? It doesn't seem like it, I think that would be an acceptable level, but hey, not an economist (not that it's a hard science field or anything).