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Re:Sick and struggling to pay, 100M people in the U.S. live ... by pjc50 on Thursday June 16, 2022 @08:21AM (#31765187)
Well, he's wrong, given that output has been knocked about by a large number of non-monetary factors such as COVID, supply chain issues, the war with Russia, and (yet again) oil and gas.
Re:Sick and struggling to pay, 100M people in the U.S. live ... by tdehnel on Thursday June 16, 2022 @08:44AM (#31765396)
The way I see it, even if there’s a war or Covid or whatever, if people don’t have more money to spend, they can’t pay higher prices. Then you get a recession.

If they do have the money (because you printed more) they pay the higher prices. Then you get inflation.