Quote (thundercock @ Aug 16 2022 02:45pm)
Inflation is partially affected by the money supply. Does this bill reduce or increase the money supply?
Current inflation is primarily caused by fuel costs and shortages on resources stemming from supply chain break down. Money supply can't make fuel more plentiful when it's government policy reducing volume.
I don't have enough info to speak on agricultural goods, but the signs from that industry are concerning as well. Fertilizer shortages and policies aimed at reducing output to alleviate the "climate crisis".
This is a supply side recession, and let's hope it doesn't completely shatter the bubble economy we've had or people will go hungry and things will get ugly.