This seems reasonable, lots of new money (currency) leads to inflation. As far as I understand this is how it works; this seems to be as basic as suply and demand based pricing.
If this is not the case, the reasoning is counterintuitive.
If this is not the case, the reasoning is counterintuitive.
I thought that in 2008 but we had a decade of low inflation.
If they hadn't printed all that money, a lot of prices would have stayed flat - and perhaps a lot more folks would feel much richer right now.
Actually globalisation has plateaued over the last decade.
https://www.economicshelp.org/wp-content/uploads/2019/03/wor...