Why did inflation spiral out of control: a retrospective
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Why did inflation spiral out of control: a retrospective
1–10 of 21 posts
Re: Why did inflation spiral out of control: a retrospective
#2“Quantitative Easing”, we were due.
Re: Why did inflation spiral out of control: a retrospective
#3So I heard that 80% of the money supply in circulation was printed over the last 18 months. I suspect that 'might' have something to do with inflation.
Re: Why did inflation spiral out of control: a retrospective
#4Is this Curtis Yarvin’s new blog? The About page says
“The Grey Enlightenment is a midpoint between the ‘Dark Enlightenment’ and ‘The Enlightenment’, in rejecting egalitarianism and liberalism but supporting capitalism, technology, and the study of human biodiversity (HBD).”
Re: Why did inflation spiral out of control: a retrospective
#5Drive interest rates to zero.
Inflate assets with quantitative easing.
Handout stimulus money.
Provide companies with forgivable loans with little over sight.
Who would have thought we would have inflation?
Re: Why did inflation spiral out of control: a retrospective
#6No post body was provided.
Re: Why did inflation spiral out of control: a retrospective
#7The most obvious reason why it happened this time is we had massive global supply shocks.
The essay states "hmm all these things happened before and didn't cause inflation. It's so odd that we got inflation now".
How about the thing that hasn't happened before: sudden drop on the supply side across the board. Suppy of labor, which led to supply of goods and global lack of supply. Then increased demand from all companies simultaneously moving from a Just-in-Time model to having large stocks on hand.
The only other item that has the same global impact is energy.
Cheap money yes messed up any assets (houses, startups, crypto) but that isn't want caused day to day inflation.
Shortage of goods did.
Re: Why did inflation spiral out of control: a retrospective
#8Seeing a small snickers bar cost $2.00 made me realize I don’t know how to know how much things should cost anymore.
Re: Why did inflation spiral out of control: a retrospective
#9So I heard that 80% of the money supply in circulation was printed over the last 18 months. I suspect that 'might' have something to do with inflation.
That sounds implausible. It looks to be somewhere around 21%.
Re: Why did inflation spiral out of control: a retrospective
#10Is this Curtis Yarvin’s new blog? The About page says “The Grey Enlightenment is a midpoint between the ‘Dark Enlightenment’ and ‘The Enlightenment’, in rejecting egalitarianism and liberalism but supporting capitalism, technology, and the study of human biodiversity (HBD).”
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