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Okay so that explains inflation is always around… which part explains why it when from like a decade of 2% to 10%? And don’t say supply chain because the fed b
by mint2 3y ago
Okay so that explains inflation is always around… which part explains why it when from like a decade of 2% to 10%?
And don’t say supply chain because the fed basically discarded that when they finally panicked that it wasn’t transitory like they initially assumed and the scrambled with fast interest hikes.
Greedflation simply means a profit price spiral rather than a wage price spiral.