@[email protected] to Lemmy Shitpost • 3 months agoInflation?i.ibb.coimagemessage-square90fedilinkarrow-up11.35Karrow-down147
arrow-up11.3Karrow-down1imageInflation?i.ibb.co@[email protected] to Lemmy Shitpost • 3 months agomessage-square90fedilink
minus-square@Knock_Knock_Lemmy_Inlink10•3 months agoThe primary cause of inflation is a massive increase in the money supply
minus-square@[email protected]linkfedilink3•edit-23 months agoSure. The 20% inflation since 2020 is why food prices have doubled.
minus-square@Knock_Knock_Lemmy_Inlink-1•3 months agoDuring the last federal election on Nov. 3, 2020, food inflation was running at just 3.9% annually. Fast forward to March 2024, and the latest data shows food prices have risen a whopping 25.8% since then. Money supply has gone from 15.5 to 21 = +35% over the same period
The primary cause of inflation is a massive increase in the money supply
Sure. The 20% inflation since 2020 is why food prices have doubled.
During the last federal election on Nov. 3, 2020, food inflation was running at just 3.9% annually. Fast forward to March 2024, and the latest data shows food prices have risen a whopping 25.8% since then.
Money supply has gone from 15.5 to 21 = +35% over the same period