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A list of all pages that have property "Accusation" with value "There is a popular narrative making the rounds that theUS government's stimulus aid to Americans during the height pandemic had big economic benefits — but it also fueled inflation. How do we know that government aid isn’t the reason the economy’s tanking now? Just by looking around the world, and observing. If it were the case that stimulus led to inflation, then of course countries with the greatest support would have the highest inflation. But that’s not true. Europe, which offered people way, way more support than America and the UK, has lower inflation rates. And plenty of countries which offered people no support — because they’re poor nations — have skyrocketing inflation rates. It’s not about stimulus. This isn’t demand-led inflation. When people subscribe to this naive pop myth that “printing money during the pandemic caused inflation,” what are they really saying? That the economy’s cratering right now because people have too much money. LOL. Do you know anyone who has too much money? That’s an absurd thing to say. This is supply side inflation: for example, tampons and baby formula at the moment. Why? One reason is Covid — it caused labour shortages across sectors from healthcare to transportation. But the bigger picture here is about climate change and resource depletion. And the failure of industrialized capitalism, which is extractive, Exploitative. Rent-seeking. It doesn’t nourish, create, care, give birth to, just manufactures lowest-common-denominator stuff and literally turn life into death: plastic, fossil fuels, forests ripped down, oceans polluted, skies full of carbon, rivers turned to poison. They take without giving, As the resources of the planet dwindle, in anticipation, warlords and oligarchs start conflicts to try and seize what of them they can.". Since there have been only a few results, also nearby values are displayed.

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Economic Support and Inflation - Workflow + (There is a popular narrative making the ro … There is a popular narrative making the rounds that theUS government's stimulus aid to Americans during the height pandemic had big economic benefits — but it also fueled inflation. How do we know that government aid isn’t the reason the economy’s tanking now? Just by looking around the world, and observing. If it were the case that stimulus led to inflation, then of course countries with the greatest support would have the highest inflation. But that’s not true. Europe, which offered people way, way more support than America and the UK, has lower inflation rates. And plenty of countries which offered people no support — because they’re poor nations — have skyrocketing inflation rates. It’s not about stimulus.This isn’t demand-led inflation. When people subscribe to this naive pop myth that “printing money during the pandemic caused inflation,” what are they really saying? That the economy’s cratering right now because people have too much money. LOL. Do you know anyone who has too much money? That’s an absurd thing to say.This is supply side inflation: for example, tampons and baby formula at the moment.Why? One reason is Covid — it caused labour shortages across sectors from healthcare to transportation. But the bigger picture here is about climate change and resource depletion. And the failure of industrialized capitalism, which is extractive, Exploitative. Rent-seeking. It doesn’t nourish, create, care, give birth to, just manufactures lowest-common-denominator stuff and literally turn life into death: plastic, fossil fuels, forests ripped down, oceans polluted, skies full of carbon, rivers turned to poison. They take without giving,As the resources of the planet dwindle, in anticipation, warlords and oligarchs start conflicts to try and seize what of them they can.ts to try and seize what of them they can.)

Economic Support and Inflation - Workflow +