[WalterBright]

The cause of inflation is excess money created by the Fed (i.e. things like the $2 trillion "stimulus" package).

The rest is the Law of Supply & Demand.

[derac]

https://fred.stlouisfed.org/series/CP

Increased profits gaming the public impression of inflation play a huge role. See the FRED chart above. Profits increased 1 trillion since 2020, thats something like 3300 dollars per capita.

[refurb]

You realize that inflation increases profits too?

If we’ve had inflation of 15% over the last two years then a 15% increase in nominal profits is a 0% increase in real profits?

[JumpCrisscross]

> cause of inflation is excess money created by the Fed (i.e. things like the $2 trillion "stimulus" package)

You’re mixing up fiscal and monetary policy. Congress and the Fed.

[anigbrowl]

...very much as usual. There's a lot of well-poisoning going on in this discussion, from multiple sources.

[WalterBright]

The Fed creates the money that Congress wants to spend.

[dragonwriter]

That's very much not how things work.