3 ms·
Inflation is a combo of things: - different things inflate at different rates (housing faster than laptops) - corporations pushing pricing for profits - stim
by game_the0ry 3y ago
Inflation is a combo of things:
- different things inflate at different rates (housing faster than laptops)
- corporations pushing pricing for profits
- stimulus checks
- PPP loan fraud that never had to be paid back
- supply chain choke points limiting the supply of stuff
- people borrowing aggressively (high credit card and student loans) at low interest rates
- student loan forgiveness
- government deficit spending accelerating
- probably some more I can't think of at the moment
Basically, it's complicated.