this post was submitted on 05 Oct 2023
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Not to poopoo your point too much but inflation only happened after covid because a recent war gave justification for greedflation. You can't really argue money is losing value when CEOs are raking in record profits during an economic downturn.
It happened because a large number of people had a pool of unspent money, some/much of which was the stimulus packages, who were competing for similar goods such as housing.