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A comment on Federal Reserve lent $300B in emergency funds to banks in the past week. Parent comment

Re:Federal Reserve lent $300B in emergency funds to banks in... by rqtwteye on Sunday March 19, 2023 @11:56PM (#35227091)
"and throughout the least 13 years, inflation has not been a problem until - in my opinion - faulty fiscal policy during Covid."

It was a problem for a lot of people who either got priced out of the housing market or have huge student loans or have huge healthcare bills. The price of eggs or gas is really not much of a problem when the price of these big ticket items shoots up.

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Re:Federal Reserve lent $300B in emergency funds to banks in... by fosk on Monday March 20, 2023 @12:42AM (#35227371)
> It was a problem for a lot of people who either got priced out of the housing market or have huge student loans..

It may have been, but that was not reflected in the CPI, and we are talking about inflation as it is officially recorded in the CPI reports. The CPI inflation didn't spike up until early 2021.

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Re:Federal Reserve lent $300B in emergency funds to banks in... by lumost on Monday March 20, 2023 @06:37PM (#35239836)
The point is that many asset poor Americans saw the inflation as moderately beneficial due to higher wages. These higher wages made homes appear more affordable. The CPI measure underestimates inflation for individuals who need to acquire assets like homes.
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