economists are the dumbest creatures on earth, inflation is happening because the entire economy became less efficient for various reasons related to the pandemic and foreign policy, plus the money the Fed itself printed. Hence fewer goods being produced with more money available and increased prices as a result. These people think they can print money and adjust interest rates and make the economy magically do what they want when in reality the economy is driven by technological advancements that improve productivity, not financial trickery
these people don't live in the real world and now we are going to be stuck with stagflation for years most likely
these people don't live in the real world and now we are going to be stuck with stagflation for years most likely