[TheOsiris]

> The Fed has been funding extremely reckless fiscal policy for two years. We literally shut the economy down and gave people checks for doing nothing. I don't think we need to reach for fancy explanations. The reason for inflation seems plainly obvious to me.

100% this. I don't understand the motivation or the logic of the people who argue against something that's so obvious

[derelicta]

Because its not universal. Lotsa European countries have decades-high lvl of inflation without having printed money.

[bsaul]

maybe not during covid, but the eu bank did follow the same kind of very generous monetary policies and super low interest rates for the decade prior, as the fed.