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My cousin and many others I knew were getting more money from unemployment than when they had their jobs during covid. Though I don’t believe that caused inflat
by gboss 2mo ago
My cousin and many others I knew were getting more money from unemployment than when they had their jobs during covid. Though I don’t believe that caused inflation. Inflation was an international phenomenon and countries experiencing inflation had very diverse stimulus responses to COVID. It seems the Russian invasion of Ukraine, a pivot to a goods based rather than services based economy, coupled with climate changed caused shortages and retiring boomers caused it.
- eru 2mo agoSustained inflation is always caused by money printing. Most of the mechanisms you are describing would only effects shifts in relative prices.