Quote:
Originally Posted by Slava
It's interesting though...in 2008-09 I heard the same arguments about how inflation was going to be out of control and how they were putting too much money into the system. This time, the issue seems to be supply-chain issues and concerns though, and the money printing seems more coincident?
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Way more money in the last 2 years than in 08/09.
Also, that was during a financial collapse - we would have had deflation, probably massive deflation, if not for the stimulus.
This time we have massive spending, along with supply chain issues, and a global recovery, with a war cherry stuck on top - kind of a perfect storm.