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by gitrog 1111 days ago
They do mention monetary policy. Is there something specific about monetary policy that you believe contributed to rising inflation?

I don't know if they're suggesting that corporations became greedy but rather that they unilaterally increased prices during the pandemic which is the main cause of inflation.
1 comments
ChuckNorris89 1111 days ago
>Is there something specific about monetary policy that you believe contributed to rising inflation?

Surely doubling the money supply in circulation during the 2020 money printing boom had an effect on inflation, wouldn't you say? It' snot like the corporations and street banks just made their money out of thin air.

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fragmede 1111 days ago
The how is important though. The money supply grew due to PPP "loans" freely being given out to corporations with the help of street banks. I believe a more careful release of the same amount of money wouldn't have caused the same amount of inflation.
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