Comment on how long is the current era of inflation going to last?

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Alimentar@lemm.ee ⁨9⁩ ⁨months⁩ ago

We made the money printers to brrr for a very long time with almost no inflation

You can’t print without consequences. The more you pump into circulation, the more currency you need to buy the same goods and services. You’re basically losing purchasing power.

If you give everyone a million dollars, you’re going to see prices increase. If prices don’t rise, people could buy out entire stocks of goods and you’ll have supply problems. So you need prices to increase to adjust for the amount of currency circulating. That’s inflation.

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