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by anonymouskimmer 1185 days ago
> What do you think putting more money into circulation does to demand & nominal purchasing power?

Ideally people would save for a rainy day. But people don't, and can't, always do this. Because for some this is the rainy day.

Non-ideally I would assume that most demand increases would go for non-groceries, and non-commodities in general, such as housing and travel, though I would expect some increase in durable goods commodity prices as people replace older goods with newer. Yet here we have grocery price increases. Are salaries in the grocery production chain going up 18%? Warehouse costs? I doubt it. The price increases are mainly coming from elsewhere, not from money printing.