SteveCC@lemmy.worldtoEconomics@lemmy.ml•The real story of inflation: Pandemic-era stimulus isn’t the culprit.
3·
7 days agoInteresting. Definitely worth the read. My quick summary to get you interested enough to deal with the paywall: “The culprit is often identified as the American Rescue Plan . . The weight of the evidence, suggests. . . The central cause was the pandemic” caused"supply" disruption and how businesses reacted to, and continue to react to that disruption.
Yes, it seems to me that it’s really important for us to learn the correct lesson so we can be ready for “the next one”