Re:France experiencing worst drought on record
by andrepd on Tuesday August 09, 2022 @10:10AM
(#32398215)
You're being downvoted but you're absolutely right. QE was a policy of very very dubious merit already in 2008, and by the time the pandemic ended it was still going (and after Mar/2020 it went into turbo mode). The economy has NEVER went back to normal after 2008; in many regards we're still in the aftermath of the 2008 catastrophe.
The inflation was perhaps "triggered" by covid and the Ukraine invasion, but it was not "caused" by it. It was caused by monetary policy designed to keep asset prices inflated (and shaft the working class as a side-effect).
The inflation was perhaps "triggered" by covid and the Ukraine invasion, but it was not "caused" by it. It was caused by monetary policy designed to keep asset prices inflated (and shaft the working class as a side-effect).