The rightoids have abused the award system to protect themselves from losing arguments for too long.
The rightoid powers of this community, as dim as they might be are unified behind one cause: the destruction of our values and the nullification of free expression, when that expression contradicts their deranged fantasies.
The admin team has fired a warning shot across the hull of the rightoid blob. I have been made immune to awards.
Be warned future action is planned should rightoids continue to debase our community.
](https://media.giphy.com/media/8abAbOrQ9rvLG/giphy.webp)
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I mean I didn't. I pointed out the stimulus had little to do with the current inflation.
Demand shocks and supply lines better explain inflation.
Which as far as I know is the economic consensus currently.
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The same economic consensus that said inflation wouldn't happen?
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They said inflation would not really be relevant from the stimulus, most agreed inflation from supply chains/demand shocks would be a thing.
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The same one that said it was transitory? Then not transitory?
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I don't get what your point is, do you think the US printing 4 trillion dollars caused a global inflation crisis?
What exactly is your argument?
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I mean it did. It may not have been the sole cause or even the primary cause but to pretend that constantly injecting cash (as well as other idiotic shit like student loan pauses) does't exacerbate inflation is r-slurred even for you which is saying a lot
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It did not, at best it amounts to some 0.5% of current American inflation.
Also you got obliterated once already today, maybe take a break before round 2.
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Pulling numbers out of your butt.
!blackjack100
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K:
The congressional office says 0.5%, others less.
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https://www.nytimes.com/2021/10/18/business/economy/fed-inflation-stimulus-biden.html
https://www.pharmaceutical-technology.com/comment/covid-stimulus-drives-rapid-inflation-us-macro/
HAHAHAHAHAHAHAHAHA you talk like such a neckbearded cute twink. I honestly feel bad for you
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Guess how I know you didn't read the article you just linked.
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The US dollar is the world's reserve currency so why wouldn't it?
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Because that's not how it works.
You linked an article saying the stimulus is about 0.3% of American inflation (lower tham I said btw) to refute my argument the stimulus amounts to a small amount of the inflation.
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What article did I link? I shared a Duck Tales clip.
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I responded to the wrong person, You didn't link anything.
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kek
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the inflation is transitioning, bigot. SHE is a beautiful, short term supply shock.
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what about inflation from cutting back on oil production leading to higher oil prices and thus more expensive logistical costs?
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How did the stimulus cause a global reduction of oil?
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Idk tucker said it so it must be true
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demand shocks like the ones caused by printing trillions of dollars into the economy and handing out stimmies to the peasantry?
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No, more like demand shocks generated by supply chains collapsing during a pandemic in which people were not spending money and then suddenly spending a lot of money as the global economy opened back up and supply chains still in shambles.
Or oil demand collapsing during the pandemic and then sky rocketing as the economy opened back up before production ramped back up.
Or global chip shortages.
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no like printing moneys and supply drops from pandemic and chip shortages. shit even larry summers called this early on
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The stimulus amounts to 0.5 to 0.3% of current american inflation.
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you left out the low interest rates and printing press. it cleary caused a massive demand shock at a time of supply problems.
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The low interest rates were a problem.
If only someone hadn't threatened the fed to keep them low.
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daddy dindu nuffin wrong
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