Re:Since mid-April, the Fed has withdrawn ~$140B of liquidit...
by belltaco on Wednesday September 21, 2022 @04:04PM
(#32930786)
Part of it is oil and gas supply going down because of war and since producing anything requires energy, prices are going to go up regardless of the money supply.
[ Parent
| on HN ]
Re:Since mid-April, the Fed has withdrawn ~$140B of liquidit...
by soperj on Wednesday September 21, 2022 @05:20PM
(#32931668)
Inflation was 8.5% before the war started, it's now at 8.3%. I don't think your premise holds.
Re:Since mid-April, the Fed has withdrawn ~$140B of liquidit...
by hutzlibu on Wednesday September 21, 2022 @04:08PM
(#32930830)
Yeah but it does not look like the war is going away anytime soon. In case you missed it, russia partly mobilised today.
So parent seems right refuting this claim:
> since it seems it's been absorbed perfectly by the global economy.
Re:Since mid-April, the Fed has withdrawn ~$140B of liquidit...
by slowhand09 on Wednesday September 21, 2022 @05:38PM
(#32931859)
Uh no. Oil and gas supply went down due to presidential mandates. Biden's “pause” on federal oil and gas leasing and drilling permits. And any new permits that might be approved on public lands had royalties increased from 12.5% to 18.75%. A 6.25% increase on production.