RE: Crypto Twitter Already Starting to FOMO
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And of course "inflation" in this context has nothing to do with the actual money supply and everything to do with the prices of goods that have skyrocketed from nothing other than government policy (COVID lockdowns and Russian sanctions).
Let's not forget bailouts all over the god damned place, and 970%+ CEO wage increases since 1970 while workers have remained predominantly flat. The distribution and production hits definitely made things worse, but this was coming for sure no matter what happened. We just moved up the timetable. The wealth inequality everywhere leaves an imbalance that can only be corrected with recession or depression. Or revolt.
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