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A comment on LA County's guaranteed income program to give some foster youth $1k per month. Parent comment

Re:LA County's guaranteed income program to give some foster... by verteu on Friday October 27, 2023 @11:21AM (#38039664)
Probably due to low unemployment [1]. Inflation has multiple causes.

If it truly has a single cause ("creating money"), can you show a graph of "money created" vs inflation? I don't see much correlation between ∆M2 and inflation [2].

[1] https://en.wikipedia.org/wiki/Phillips_curve

[2] https://www.longtermtrends.net/m2-money-supply-vs-inflation/

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Re:LA County's guaranteed income program to give some foster... by WalterBright on Friday October 27, 2023 @03:19PM (#38042702)
Looks like they correlate to me.
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