Re:Monetary Policy Is the Root Cause of the Millennials’ Str...
by rdtwo on Thursday September 05, 2019 @11:53AM
(#20887937)
Except inflation is actually significantly higher the basket is just poorly assembled and exclude major drivers like food gas real rent and most importantly medical costs
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Re:Monetary Policy Is the Root Cause of the Millennials’ Str...
by toomuchtodo on Thursday September 05, 2019 @01:31PM
(#20888980)
I am curious what inflation would be with universal healthcare, a healthy amount of affordable housing, primarily renewables for energy, and EVs negating the need for gas/oil. It feels like central banks are going to lose against technology deflation, but I'm not an economist so I can't say for sure.
Re:Monetary Policy Is the Root Cause of the Millennials’ Str...
by blevo on Thursday September 05, 2019 @04:14PM
(#20890277)
I suppose it depends on how those programs are funded/achieved. If they are funded via something that acts as monetary stimulus (just print the money to pay for it) then I imagine there would be a heavy burden of resulting inflation.