• Peaty@sh.itjust.works
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    1 year ago

    We literally just witnessed this with COVID shutdown. Im not sure why you think people getting handed money will not increase pricing as that is usually how things work.

    • Omega_Haxors@lemmy.ml
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      1 year ago

      Not to poopoo your point too much but inflation only happened after covid because a recent war gave justification for greedflation. You can’t really argue money is losing value when CEOs are raking in record profits during an economic downturn.

      • Peaty@sh.itjust.works
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        1 year ago

        It happened because a large number of people had a pool of unspent money, some/much of which was the stimulus packages, who were competing for similar goods such as housing.