It wasn’t long ago that the U.S. economy needed a shot in the arm. Millions of Americans had lost their jobs as the country shut itself down to slow the spread …
So like these ghouls get paid to write this propaganda right? You'd have to be a fucking moron to look at the 2.2 Trillion CARES act and then point at the 300 Billion in cash payments given to citizens as the cause of inflation. Most of the rest of fucking bill was loans to corporations/businesses which they used for buybacks or whose claims were outright fraudulent. Also it's definitely not the unlimited quantitative easing increasing the money supply by large margins. Fuck you Santul Nerkar and Amelia Thomson-DeVeaux. You're either useful idiots or monsters.
I mean, if you want to get to the real nut of it all, its (D) None Of The Above.
Wages aren't keeping up with price increases. This is not a demand-induced increase in prices. Its a supply shock, caused by our decaying penny-pinched Just In Time logistics system. The :brrrrrrrrrrrr: kept the cash-strapped system from collapsing even faster by offering a premium for everything of value. But so long as we're picking fights with the World's Largest Exporter and Europe's Largest Energy Supplier, we're going to keep running into shortages no matter how much money is or isn't in the financial system.
So like these ghouls get paid to write this propaganda right? You'd have to be a fucking moron to look at the 2.2 Trillion CARES act and then point at the 300 Billion in cash payments given to citizens as the cause of inflation. Most of the rest of fucking bill was loans to corporations/businesses which they used for buybacks or whose claims were outright fraudulent. Also it's definitely not the unlimited quantitative easing increasing the money supply by large margins. Fuck you Santul Nerkar and Amelia Thomson-DeVeaux. You're either useful idiots or monsters.
I mean, if you want to get to the real nut of it all, its (D) None Of The Above.
Wages aren't keeping up with price increases. This is not a demand-induced increase in prices. Its a supply shock, caused by our decaying penny-pinched Just In Time logistics system. The :brrrrrrrrrrrr: kept the cash-strapped system from collapsing even faster by offering a premium for everything of value. But so long as we're picking fights with the World's Largest Exporter and Europe's Largest Energy Supplier, we're going to keep running into shortages no matter how much money is or isn't in the financial system.