Why Is U.S. Inflation Higher Than in Other Countries?

frbsf.org

4 pointsdanboarder3 comments

“ the sizable fiscal support measures aimed at counteracting the economic collapse due to the COVID-19 pandemic could explain about 3 percentage points of the recent rise in inflation.”

You’ll have to wade through a lot of fluff to basically get to the heart of the argument, which is that printing so much money to give everyone a stimulus check, directly led to inflation.

Indeed, I think this the central argument and conclusion. What o find interesting is the delayed effect. We had "more money" for a while until the dilution caught up and affected prices across the board.

because more growth. when you look at real growth and dollar adjusted growth, the US comes out way ahead.

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