Inflation rose 9.1% in June, even more than expected

Re:Inflation rose 9.1% in June, even more than expected by JamesBarney on Wednesday July 13, 2022 @08:51PM (#32090652)

If the government drastically increased interest rates during covid you're right we'd have less inflation. I don't see the argument here.

> This is what people seem to forget. Trade involves two items, so you gotta look at both sides of the trade (in this case credit+dollars vs goods). Dollar supply has increased dramatically since 2020, credit near free, while the supply of goods has decreased. Obviously that's a recipe for inflation.

I don't think anyone forgets this. The standard model says supply constrained + generous fiscal/monetary policy = inflation.

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Re:Inflation rose 9.1% in June, even more than expected by Rury on Wednesday July 13, 2022 @09:00PM (#32090711)

Looks like I misinterpreted your post.

The parent post mentioned "money printing coming home to roost. Lots of folks say that isn’t what it is." I too seem to have encountered people saying the money printing is a non-factor, and it's just supply chain problems. In reality, both are factors.

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