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Inflation was stable and pretty low for the 10 years after the financial crisis. Gold wasn't at $400 per oz before the financial crisis, and the spike in gold
by JamesBarney 1y ago
Inflation was stable and pretty low for the 10 years after the financial crisis.
Gold wasn't at $400 per oz before the financial crisis, and the spike in gold prices was fairly recent.
Basically the financial crisis response didn't cause inflation, the covid response did.
- flanked-evergl 1y agoThe covid response was what the occupy protests told us the bailouts were. Never has there ever been a bigger transfer of wealth to the 1% than during the covid era.