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clock Created with Sketch. 11/05/20
11:40
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Originally posted by minerva:
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Doesn't the fact that there has been little inflation since the printing of trillions of dollars by US, UK, Euro, Japan, etc since the GFC make you query the assertion the inflation/printing money assertion?
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One of the big diffferences this time compared to GFC is low real wages growth. While it remains low, and it will go lower as unemployment rises, the inflationary pressure usually associated with an increasing supply of money is diminished.
(20min delay)