Re:IMF: Largest driver of EU inflation is corporate profits
by roenxi on Tuesday June 27, 2023 @04:42AM
(#36490424)
> Do you really think none of this matters...
All those issues will be resolved and the effects will disappear in times. The war will end. Supply chains will realign. And if those things matter, then at that point we would expect prices to come down at that point. You'd have to be naive to believe prices will come down. They aren't going to. This is not the first crisis in the last century and yet inflation is almost uniformly positive year after year. Governments are explicit in their policy-making.
Those things don't matter when identifying why prices tend to go up over time.
All those issues will be resolved and the effects will disappear in times. The war will end. Supply chains will realign. And if those things matter, then at that point we would expect prices to come down at that point. You'd have to be naive to believe prices will come down. They aren't going to. This is not the first crisis in the last century and yet inflation is almost uniformly positive year after year. Governments are explicit in their policy-making.
Those things don't matter when identifying why prices tend to go up over time.