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Reply to "SVB Bank Run: Fed Calling Emergency Meeting "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Oh, please! Blaming Boomers now. Five causes of inflation are the following: increased government spending. increased money supply. increase in production costs. increase in aggregate demand. workers bargaining for higher nominal wages. [/quote] Cause #1: always simple-minded and now senile boomers needing to convince themselves that the ‘threats’ of yesteryears’ are still real.[/quote] Why do you hold your fellow citizens in such contempt? It is not a good look. [/quote] I hold people in contempt who make a point of slavish loyalty to evil and that includes your lot of inflation simpletons. The issues in consumer prices are almost entirely about bad consolidation (aka crappy regulation) leading to monopoly pricing power. This is easy to understand, since the generalized price level changes look very different than those in these industries where prices have gone parabolic.[/quote]
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