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A comment on U.S. Inflation Accelerates to 40-Year High. Parent comment

Re:U.S. Inflation Accelerates to 40-Year High by bko on Thursday February 10, 2022 @12:21PM (#30289445)
Total bank credit jumped 5% in about a month when the pandemic started and is continuing to grow at a very high rate historically. This is in addition to personal savings rate jumping from around 7% to over 30%.

There's a lot of money and credit is amplifying it

https://fred.stlouisfed.org/series/TOTBKCR

https://fred.stlouisfed.org/series/PSAVERT

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