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A comment on Inflation rises 7.5% over past year, more than expected and highest since 1982. Parent comment

Re:Inflation rises 7.5% over past year, more than expected a... by ren_engineer on Thursday February 10, 2022 @10:17AM (#30287277)
it's common sense, if you print a bunch of money and production of goods is flat or actually down due to the pandemic, inflation is going to happen. printing money doesn't magically make more houses appear, so the price of houses go up

Wealth comes from technological innovation improving productivity, not turning on the money printer

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Re:Inflation rises 7.5% over past year, more than expected a... by jjoonathan on Thursday February 10, 2022 @10:31AM (#30287524)
We can't print our way to collective wealth, but we can't not-print our way out of overcapacity ports and shutdowns in China. Abstinence isn't magic.
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Re:Inflation rises 7.5% over past year, more than expected a... by bliteben on Thursday February 10, 2022 @10:20AM (#30287330)
but this time it is different
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Re:Inflation rises 7.5% over past year, more than expected a... by notch656a on Thursday February 10, 2022 @10:25AM (#30287425)
Yes but it's perfect cover to 'print' and give mostly to our friends via PPP loan and other graft to the rich.
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