• madprocessor@lemm.ee
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    9 months ago

    If it is just down to the stimmy checks - as you keep repeating - why is inflation high across the world, including countries that did not issue checks to individuals?

    • Decompose@programming.dev
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      9 months ago

      Two reasons:

      1. All central banks printed shit loads of money
      2. USD is the world reserve currency. Any inflation in USD will affect all currencies due to most debt in the world being denominated by USD.