Money Printing: The Ugly “Elephant in the Room” That Mainstream Media Ignores(hackernoon.com)

7 pointsby unripe_syntaxhace 5 años3 comments

Money Printing: The Ugly “Elephant in the Room” That Mainstream Media Ignores

https://hackernoon.com/money-printing-the-ugly-elephant-in-the-room-that-mainstream-media-ignores

3 comments

sofixahace 5 años

Very barebones, hand wavey article with little substance. Just dismissing the effects of the pandemic, and the money that was required to combat some of it is at best dishonest. You can't just pretend that didn't happen and all of the money is for nothing.

And FYI, yes, it's considered that small amounts of inflation are good. Claiming the inflation numbers are "rigged" is dishonest as well, their failings have been discussed at length.

Flagged.

noduermehace 5 años

+1. But while we're on the subject, it would be interesting to do a study on whether inflation can be exacerbated by clickbait. It's sure a cheap way to undermine currency (or increase "consumer confidence"...depending on your ox).

marocanhace 5 años

I dunno, but I think increasing money supply by ~40% in two years will wreak havoc in price signals.