2 ms·

> inflation was due to money printing Can you highlight a causal relation by example? I dont think so and even if you could, i still wouldnt trust simplistic e

> inflation was due to money printing Can you highlight a causal relation by example? I dont think so and even if you could, i still wouldnt trust simplistic explanations. IMO it was global economics getting stirred up by lock downs, the ukraine war, stimulus packages and not to forget, large syndicates riding the inflation wave. When i see "money printer" as the only aspect someone points out, i suspect a right-wing propaganda victim singing the government-bad song, thats my simplistic take.

incomingpain 1y ago
>Can you highlight a causal relation by example? I dont think so and even if you could, i still wouldnt trust simplistic explanations. Then you're closed minded throwaway troll because it is a simplistic explanation. Increase money supply = inflation. >MO it was global economics getting stirred up by lock downs, Which happened a year before. >the ukraine war, a foreign war that has impacted single digit trade? Where the war is occurring because ukraine's intention to switch to western trade partners like the EU. >stimulus packages and not to forget, l aka money printing >large syndicates riding the inflation wave. When they printed around 5 trillion $, everyone and their mother told them they would cause high inflation. Dont hate the player, hate the game. >When i see "money printer" as the only aspect someone points out, i suspect a right-wing propaganda victim singing the government-bad song, thats my simplistic take. federal reserve, stats canada, and other trading data sources are right-wing propaganda to you? Sorry you feel that way.