Re:High prices will outlast the war
by MagnumOpus on Tuesday March 15, 2022 @12:49PM
(#30687610)
> It's quite a coincidence that the numerous complicated factors all started causing inflation at about the same time as the government printing tons of additional money
It's not a coincidence, both have been caused by the same pandemic that you might have forgotten about.
To provide a natural experiment that should refute the point you imply: inflation went up massively in nearly every country on earth as they were all hit by the same supply side issues. Only a small minority of these countries "printed a lot of money" let alone as much as the US of A.
It's not a coincidence, both have been caused by the same pandemic that you might have forgotten about.
To provide a natural experiment that should refute the point you imply: inflation went up massively in nearly every country on earth as they were all hit by the same supply side issues. Only a small minority of these countries "printed a lot of money" let alone as much as the US of A.