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How do you explain the inflation found in EU countries, even ones with vastly different government spend and national debt profiles? You're overfocusing on one
by sofixa 3y ago
How do you explain the inflation found in EU countries, even ones with vastly different government spend and national debt profiles?
You're overfocusing on one single component of a fairly complex system. Government spending, COVID impacts (pent up demand, supply chain disruptions), a massive war in Europe impacting multiple crucial raw materials - they all have a part in the stagnation / borderline recession we're seeing. Anyone claiming it's "simple" or due to one single factor either has an agenda or doesn't understand how complex economics are.