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by JamesBarney 234 days ago
Inflation was stable and pretty low for the 10 years after the financial crisis.

Gold wasn't at $400 per oz before the financial crisis, and the spike in gold prices was fairly recent.

Basically the financial crisis response didn't cause inflation, the covid response did.

1 comments

The covid response was what the occupy protests told us the bailouts were. Never has there ever been a bigger transfer of wealth to the 1% than during the covid era.