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A comment on You're not the only one whos confused about the economy. Experts are baffled too.

Re:You're not the only one whos confused about the economy. ... by slaw on Friday July 22, 2022 @02:16PM (#32195311)
Fed printed crazy amount of dollars. I am not confused at all why we have inflation. I am confused why Fed is not rising interest rates which should never go below 2%.
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Re:You're not the only one whos confused about the economy. ... by daenz on Friday July 22, 2022 @02:49PM (#32195718)
Is this an accurate representation of the situation? https://fred.stlouisfed.org/series/M1SL
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Re:You're not the only one whos confused about the economy. ... by brianbterry on Friday July 22, 2022 @03:11PM (#32195955)
Its not because there is a series break when M1 was redefined in May 2020. See No.5: https://www.federalreserve.gov/releases/h6/h6_technical_qa.h...
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Re:You're not the only one whos confused about the economy. ... by iso1631 on Friday July 22, 2022 @03:43PM (#32196279)
Fed printed crazy amounts of dollars since 2008 and didn't drive inflation

High oil prices, restricted supply chians from covid do drive inflation

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Re:You're not the only one whos confused about the economy. ... by hcurtiss on Friday July 22, 2022 @08:15PM (#32198751)
Absent supply constraints (putting aside the fact that's another way of saying demand exceeds supply), do you believe there is any point at which printing money drives inflation? If yes, at what point would you say it would? See the M1 graphic linked above.
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Re:You're not the only one whos confused about the economy. ... by keyme on Friday July 22, 2022 @02:36PM (#32195563)
Everybody is trying to explain this away with Russia, Covid... I'm not even following the excuses anymore. It'll be climate change soon. But that's ridiculous.

Literally the only way to have inflation is if the Fed chooses to cause inflation, or not to resist inflation, of which it has done both in the last few years.

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