Y
Hacker News
new
|
ask
|
show
|
jobs
by
pavlov
1559 days ago
Did you notice there was a multi-year pandemic that destroyed supply chains and greatly increased labor costs?
The causality is not as simple as “governments printing money -> inflation”.
1 comments
HarryHirsch
1559 days ago
Yes, this time it's a stuff shortage, not an oversupply of money. But the central bank still wants to raise rates, which is silly. The current prices and shortages are a result of longstanding policy, just not monetary policy.
link