Quote from: Tamas on August 10, 2022, 05:20:49 PMI think DGuller was writing and I agree thay structural problems wit the eternal free money asset pump system we introduced after 2008 has been triggered to overflow into the consumer realm because of covid and the war.I disagree I think the problem with QE ultimately was it didn't really reach consumers or the "real economy" it didn't improve lending, for example, which was one of the big goals because there were still not many credit-worthy borrowers out there. I wonder if it maybe contributed to the boom of capital funded companies that basically sell consumer services at a loss - Ubers etc?
Quote from: Jacob on August 10, 2022, 05:16:14 PMQuote from: Tamas on August 10, 2022, 05:07:56 PMWhen of course it is both.
I'd be curious to see the data (... and analysis by credible experts).
Quote from: Tamas on August 10, 2022, 05:07:56 PMWhen of course it is both.
Quote from: Jacob on August 10, 2022, 05:05:23 PMThere seems to be a political thing going on of "the gov't printed money and gave it to people, that's why we have inflation" versus "inflation was primarily caused by increased oil prices due to Russia's war, and Covid related supply chain issues."
Quote from: The Minsky Moment on August 10, 2022, 04:00:01 PMNever a good sign when the first line of defense is: the cops planted it.
Although maybe that's a function of hiring a legal team based on their performance on cable news shows instead of a courtroom.