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re: Understanding Inflation
Posted on 1/15/24 at 11:43 am to NC_Tigah
Posted on 1/15/24 at 11:43 am to NC_Tigah
quote:
In 2021-22, scarcity and failure of government to anticipate/mitigate demand-pull was the inflation catalyst. Government will happily blame-shift that away as well.
It was kind of both demand-pull and cost-push at the same time. Only Congress could pull off that level of retard
The CARES Act and the entitlements that are indexed to CPI can’t be ignored in the cost of living increases.
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