Re:High prices will outlast the war
by blitzar on Tuesday March 15, 2022 @07:06AM
(#30683900)
> We’ve been printing absurd amounts of money for years praying inflation didn’t show up in meaningful indicators and now that it shows up it’s some big surprise
They have been praying for inflation - it is the intended outcome of the policy and it has taken 23 years for it to happen.
What they wanted was inflation in wages, assets, goods, services, productivity and growth. Inflate away the notional value of debt. What they got was gamestonk, crypto, stagnant wages, gig economy and antiwork.
They have been praying for inflation - it is the intended outcome of the policy and it has taken 23 years for it to happen.
What they wanted was inflation in wages, assets, goods, services, productivity and growth. Inflate away the notional value of debt. What they got was gamestonk, crypto, stagnant wages, gig economy and antiwork.