Quote:
Originally Posted by you&me
The uptick in inflation as shown on that chart coincides almost perfectly when COVID stimulus would have started really flowing through the economy.
It really shouldn't surprise anyone that injecting TRILLIONS of dollars into the economy would have inflationary results.
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Sure, but given that this is basically everyones "first pandemic" what would you have had them do here? Just let chaos reign? The problem is if you aren't going to inject crazy amounts of money into the system in 2020, you are going to have rioting and chaos almost certainly. You have a massively deflationary event (Covid) and need inflation at that time.