The ballooning money supply may be the key to unlocking inflation in the U.S.

Re:The ballooning money supply may be the key to unlocking i... by toomuchtodo on Tuesday October 13, 2020 @02:26PM (#24768434)

Inflated asset prices means most folks are never going to be able to purchase a home, and equities (which generates wealth with no further effort besides the capital invested, for the most part) will continue to be owned by the wealthiest. Inequality worsens when asset prices increase faster than wages.

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Re:The ballooning money supply may be the key to unlocking i... by foota on Tuesday October 13, 2020 @02:56PM (#24768889)

This doesn't check out to me (well, the home part does, but I'm not sure we've seen significantly above normal growth there compared to historical norms, outside of hot coastal markets), but for other assets the price doesn't matter, as you can just get a fraction of them or they're split.

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Re:The ballooning money supply may be the key to unlocking i... by dnautics on Tuesday October 13, 2020 @04:05PM (#24769722)

> well, the home part does, but I'm not sure

Hey, this checks out with the very thing that the younger generation complains about, correlates with social injustice in the grandest scale (homelessness), that is one influencing factor in major social unrest in the country (racial disparity in access to real estate). But let's ignore that.

Have you considered that the deflection in the economy caused by the inflation happened to manifest itself unevenly across various market segments, and the primary direction that the deflection moved into is the very one you're ignoring?

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Re:The ballooning money supply may be the key to unlocking i... by grey-area on Tuesday October 13, 2020 @03:34PM (#24769361)

The wealthy own a lot more assets than the poor, therefore asset inflation increases inequality.

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