Re:The true costs of inflation in small-town Texas
by cardosof on Friday July 22, 2022 @01:41PM
(#32194817)
In general I agree with you, just want to point out that, as others mentioned, inflation was already in a historic record since 1982 by January/22, before the war. Also:
> Russia
No one did really stop buying Russian exports, as we can see through RUB/USD YTD. Their exports actually grew.
> COVID, lockdowns
It disrupted businesses and supply chains and still has a direct impact on inflation.
Having said that, I think it's about the contribution of each, and I believe all the quantitative easing and the fiscal spending plans may play a larger role on economic issues than many would like to admit.
> Russia No one did really stop buying Russian exports, as we can see through RUB/USD YTD. Their exports actually grew.
> COVID, lockdowns It disrupted businesses and supply chains and still has a direct impact on inflation.
Having said that, I think it's about the contribution of each, and I believe all the quantitative easing and the fiscal spending plans may play a larger role on economic issues than many would like to admit.