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Inflation doesn't come from QE it comes from very tight labor markets and monetary policy putting money in the hands of the poorest members of society.
by tick_tock_tick 4y ago
Inflation doesn't come from QE it comes from very tight labor markets and monetary policy putting money in the hands of the poorest members of society.
- ClumsyPilot 4y agoNot if you are talking about asset inflation, housing, etc
- vkou 4y agoIn response to that, I'd point out that inflation doesn't come from QE or tight labor markets, its comes from supply chain shortages, and fractional reserve banks lending money to people. ---- In reality, it comes from all of those things, to different extents, in different spaces. The price of cars and eggs went up because of supply shortages. The price of houses went up because people can borrow money for 30 year mortgages. The price of employing someone went up because of a tight labor market. The price of stocks went up because the Fed printed money with QE, and kept interest rates at zero.
- antibasilisk 4y agothat's like saying getting sick doesn't come from pathogens it comes from your immune response
- spaceman_2020 4y agoJuicero’s 127M funding round certainly came from QE. As did WeWork’s 40B valuation, Uber’s 32B in burnt cash, and all the inflated salaries that money funded, which, in turn, created $3M 2-bedroom houses in SF.