Hacker News Reader

Even the Covid crash, as bad as it was, was over in a month. Stocks rocketed to new highs faster than anyone could have ever anticipated.

This stock recovery was so fast because of an external factor, governments injected money into economy, but the price was inflation.

" Fiscal stimulus during the pandemic contributed to an increase in inflation of about 2.6 percentage points. "

It is also inflation this time. Inflation hasn’t slowed down for a few years now

That’s usually the case when you make borrowing money free, the Fed cut the FFR to 0% on March 2x, 2020.