Re:Former President Trump is projected to win the presidency
by sangnoir on Wednesday November 06, 2024 @01:29PM
(#42066934)
> The reality is post-covid was an inflationary period because of hyper consumerism
That was just an outgrowth of high monetary supply during COVID to shore up the numbers and prevent economic collapse due to a steep and sudden drop of economic activity. All that money couldn't be immediately mopped up as soon as the economies opened up, so it sloshed around for a while longer.
That was just an outgrowth of high monetary supply during COVID to shore up the numbers and prevent economic collapse due to a steep and sudden drop of economic activity. All that money couldn't be immediately mopped up as soon as the economies opened up, so it sloshed around for a while longer.