you can thank all the fat vaxxers eating up the food supply for that one.

Anything that tries to explain inflation and doesn't have a supply term is not applicable to our current circumstance where supply has been diminished and productivity has been lowered. It could just as well be that price points went up which lowered the velocity of money. There's no reason to treat price levels purely as the dependent variable.

M1 went up but it wasn't mostly due to money printing. It was mostly due to shifting from M2 to M1.

This video is really good and is by a professional economist. At about 8:30 he talks about the change in M1 and M2 money supply changes. This came out in August, well after stimulus and lots of federal reserve activity.

https://www.youtube.com/watch?v=UkClrikc1bk


There was a substantial change in the definition of M1, which changed M1 to include savings and other checkable deposits. This makes M1 look like it went up drastically. Additionally, lots of people took money from fixed savings accounts (M2) and put them in checking or spent the money (M1).


So the argument that the monetary supply is causing the current sustained inflation falls flat on its face when you examine the data. It's the supply chain, all the economists know it. At least, all the honest ones.

This post was edited by NetflixAdaptationWidow on Dec 17 2021 01:18am

lmao he had planned to eat cookies for his evening meal, try macdonalds maybe its a bit less of transformed shit ? everything is fine in america, get vaccines because covid is very deadly (to americans)

This post was edited by Melatonina on Dec 17 2021 02:01am

https://ycharts.com/indicators/us_m2_money_supply

Looks like January 2020 to now we've seen an M2 increase from 15.41T to 21.19T.

Large increase, but a lot of that was taking from retirement accounts by people who were unemployed during the time there was no penalty in response to Covid.

There were also a lot of cash inflows during this time period. I'm trying to look at that compared to the historical.



It's surprisingly hard to find these numbers. Lots of places want subscriptions for data.



Another big factor is increased demand. Lots more shopping while people were at home, which at the same time as having a supply chain issue. Same cause fundamentally.

This post was edited by NetflixAdaptationWidow on Dec 17 2021 02:05am

That data examination you linked argues against hyperinflation, which I am not asserting. I'll address the rest as able. Later.

considering nearly half of Americans are obese and have heart disease that does sound right

diggin the new pic

The pedo profile page?
Beyond disgusting...

If gas prices are going up that means they want you at home more.

if gas prices are going down that means they want you spending more while polluting the earth at the same time.


gotta learn how global chess works.

and learn that global warming is not caused by pollution.