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> Not even remotely close to 2020-21 though Yes it has, and you show it right below: > By 2021 it had increased by same % as 2009 to 2015. It increased faste
by littlestymaar 1y ago
> Not even remotely close to 2020-21 though
Yes it has, and you show it right below:
> By 2021 it had increased by same % as 2009 to 2015.
It increased faster but the money supply variation was in the same ballpark, when the CPI evolution definitely wasn't (you can compare CPI between 2009 and 2015 and 2019-2021 you'll see that there's no link between inflation and the money supply).
> Not massive inflation in asset prices. All that money had to go somewhere, so stocks are now significantly overvalued and housing is unaffordable.
This has nothing to do with “inflation” (which, by definition is the evolution of CPI).
And the solution to this problem is actually quite simple: tax the rich (who got their free central bank money from nothing in exchange).
- wqaatwt 1y ago> This has nothing to do with “inflation” (which, by definition is the evolution of CPI). Housing is part of the CPI. And no, the “inflation” is not be definition equivalent to CPI inflation. > you'll see that there's no link between inflation and the money supply). Making conclusions like that from a single datapoint is not particularly scientific.