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. [b]to get out from under the Trump pandemic[/b]
increased money supply. [b]because of the artificially low interest rates and unfunded tax cuts[/b]
increase in production costs. [b]because of supply chain issues related to trump's mismanagement of the pandemic[/b]
increase in aggregate demand.[b] because the economy being restored under Biden[/b]
workers bargaining for higher nominal wages.[b] because of the tight labor market due to decreased immigration under Trump[/b]
[/quote]

Yup, all of your factors are correct, but your attributions are way off.[/quote]

LOL.  
Find a way to blame the other guy.  The mantra of this inept and corrupt administration.  [/quote]

If you look at each of the reasons you cite, the root causes are, in fact, per the bolded. You are suggesting that increase in aggregate demand is a bad thing, but f course it isn't, particularly when rebounding from the malaise from the pandemic, as per one example. And the workers bargaining for nominal wages, again is a result of the rebound from the pandemic. It became clear who the essential workers were/are, and their wages went up. Please dispute the bolded in terms of root causes. You can't, at least not truthfully.[/quote]

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