Re:Federal Reserve lent $300B in emergency funds to banks in...
by vkou on Sunday March 19, 2023 @08:46PM
(#35225657)
In response to that, I'd point out that inflation doesn't come from QE or tight labor markets, its comes from supply chain shortages, and fractional reserve banks lending money to people.
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In reality, it comes from all of those things, to different extents, in different spaces. The price of cars and eggs went up because of supply shortages. The price of houses went up because people can borrow money for 30 year mortgages. The price of employing someone went up because of a tight labor market. The price of stocks went up because the Fed printed money with QE, and kept interest rates at zero.
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In reality, it comes from all of those things, to different extents, in different spaces. The price of cars and eggs went up because of supply shortages. The price of houses went up because people can borrow money for 30 year mortgages. The price of employing someone went up because of a tight labor market. The price of stocks went up because the Fed printed money with QE, and kept interest rates at zero.