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Inflation erased U.S. income gains last year

(www.wsj.com)
177 points JumpCrisscross | 1 comments | 09 Sep 25 19:44 UTC | HN request time: 0s | source
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argentinian ◴[09 Sep 25 22:18 UTC] No.45190101[source]▶
Do people in the U.S. have a good understanding of the causes of inflation?
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dennis_jeeves2 ◴[09 Sep 25 22:31 UTC] No.45190271[source]▶
No.

To me the answer is very simple, the primary (not sole) driver is govt printing currency indiscriminately.

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bryanlarsen ◴[09 Sep 25 23:03 UTC] No.45190659[source]▶
We've had a dozen instances of massive money printing since the 80s but no significant inflation until we had the COVID supply side shock. Now we're getting inflation because of tariff uncertainty, also a supply side shock.

Friedman is wrong, inflation is primarily caused by supply side shocks.

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argentinian ◴[10 Sep 25 02:39 UTC] No.45192497[source]▶
what do you mean by "supply side shock"?
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