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by BeFlatXIII
1149 days ago
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Real estate and stocks are both inflated from the 2008 money printing. Why didn't the QE from the '08 crisis cause visible CPI inflation? The money went directly to billionaires and banks who bid up prices on assets that banks and billionaires enjoy: stocks, yachts, and real estate. The C-19 stimulus money went to the pockets of ordinary citizens, who then increased demand for products regular people spend money on, causing inflation readily captured by CPI. |
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