The Picard Maneuver@lemmy.world to Curated TumblrEnglish · 2 days agoHow to fix the economylemmy.worldimagemessage-square159fedilinkarrow-up1472arrow-down117
arrow-up1455arrow-down1imageHow to fix the economylemmy.worldThe Picard Maneuver@lemmy.world to Curated TumblrEnglish · 2 days agomessage-square159fedilink
minus-squareliyunxiaolinkfedilinkEnglisharrow-up2arrow-down1·2 days agoExcept you have the order reversed, especially with recent inflation where inflation happened before the increase in monetary supply. More often than not inflation under sovereign monetary issues is solely due to outside forces, not money supply.
minus-squareryathallinkfedilinkEnglisharrow-up2arrow-down3·2 days agoCovid inflation didn’t happen before the increase in money supply.
minus-squareliyunxiaolinkfedilinkEnglisharrow-up2arrow-down1·2 days agoIt certainly did, inflation started right before the lockdowns started in response to the market shock from the rumors, and hasn’t stopped or massively slowed. It was not higher during the various stimulus packages or giveaways.
Except you have the order reversed, especially with recent inflation where inflation happened before the increase in monetary supply.
More often than not inflation under sovereign monetary issues is solely due to outside forces, not money supply.
Covid inflation didn’t happen before the increase in money supply.
It certainly did, inflation started right before the lockdowns started in response to the market shock from the rumors, and hasn’t stopped or massively slowed. It was not higher during the various stimulus packages or giveaways.