Re:US inflation jumps to 31-year high amid global supply cha...
by boringg on Wednesday November 10, 2021 @10:57AM
(#29176108)
We haven't doubled the money supply (not even close). The amount of misinformation in this conversation in the general public speaks to the lack of understanding of our monetary systems.
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Re:US inflation jumps to 31-year high amid global supply cha...
by kerng on Wednesday November 10, 2021 @11:27AM
(#29176526)
So how much has the money supply increased/decreased according to your sources?
Re:US inflation jumps to 31-year high amid global supply cha...
by srj on Wednesday November 10, 2021 @11:35AM
(#29176652)
You're the one who made the assertion - curious on your sources. If you're simply looking at fiscal stimulus spending that's a pretty naive view of economics.
Re:US inflation jumps to 31-year high amid global supply cha...
by kerng on Wednesday November 10, 2021 @11:40AM
(#29176738)
https://tradingeconomics.com/united-states/money-supply-m0
Look at 5 year view.
Re:US inflation jumps to 31-year high amid global supply cha...
by jjk166 on Wednesday November 10, 2021 @12:02PM
(#29177060)
Look at the 25 year view. 2014-2019 was an anomaly where us GDP grew 22% while the money supply contracted by 25%, we are currently back to the straight line we've been on since 2008.