Reply to Where exactly does all the inflation money go?

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[quote=Anonymous][quote=Anonymous]The lack of understanding on this forum is… understandable.
Broadly speaking, nobody gets richer, inflation is caused by a too many dollars chasing too few goods and services.
We massively increased the money supply the past 2.5 years, and this is global, America actually exported inflation. 
Inflation has knock on effects across the economy, so it’s not like a builder is getting much richer because the price of houses has skyrocketed, that demand for house increases demand for the materials to build houses, so the price of materials also rises.

But there can be winners and losers. You can win the inflation game by having locked in a very low mortgage rate, and you end up paying off that mortgage with dollars that are nominally worth less than they were when you started your mortgage, eg your mortgage is appreciably cheaper as inflation increases [/quote]

Your arrogance and ignorance is... impressive.

Its not from the money supply, sorry.  That's been huge for a decade and is now being snipped, but barely denting inflation.

It was all about supply chain issues, broken globalization, and then oligopolies essentially colluding to raise prices in a time of crisis.[/quote]

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