That is true. But think after all these years of money printing, that money is finally spreading around so much that its affecting the prices of everyday products. For example, the helicopter money in the United States contributed to that.
There are also other reasons for inflation. Recently there are supply chain issues, meaning there are less goods, which also means prices go up. And energy prices are rising, which affects the prices of many other products.
We are printing large amounts of money since 2008 with more of less zero impact on CPI. I’m fairly certain that the recent CPI increases can be fully attributed to supply chain issues. If so, then it will likely drop back to previous CPI rates, once the supply chains are up and running again.
I don’t think the “helicopter” money ever inflated anything else other than real estate and stocks.
That is true. But think after all these years of money printing, that money is finally spreading around so much that its affecting the prices of everyday products. For example, the helicopter money in the United States contributed to that.
There are also other reasons for inflation. Recently there are supply chain issues, meaning there are less goods, which also means prices go up. And energy prices are rising, which affects the prices of many other products.
We are printing large amounts of money since 2008 with more of less zero impact on CPI. I’m fairly certain that the recent CPI increases can be fully attributed to supply chain issues. If so, then it will likely drop back to previous CPI rates, once the supply chains are up and running again.
I don’t think the “helicopter” money ever inflated anything else other than real estate and stocks.