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"The cash that the governments printed via negative interests to give to the VCs and to real-estate owners really skewed the local market as well (thus increasi
by zoobab 4y ago
"The cash that the governments printed via negative interests to give to the VCs and to real-estate owners really skewed the local market as well (thus increasing prices)."
Finally someone who undestood this was not linked to the war in Ukraine, but to the policy of the ECB to print money at will.
- epistasis 4y agoAre you saying that it's "not links" and that Ukraine did not have an impact on energy prices? That does not seem plausible but I may be misreading you.
- rawTruthHurts 4y agoOne does not exclude the other. But the important bit here -per rvnx's comment- is "It started before the war."
- epistasis 4y agoI would agree entirely, there are likely many contributing factors.
- pydry 4y agoI'll never understand people who try to chalk up inflation to one reason alone.