What caused it now? The best answer is “I don’t know”. I just know what didn’t...
I think it was separating money from work which is the way we handled the Covid nonsense. We just gave away money while people sat on their rear ends.
Always before, even though QE existed, we gave lip service to the pretense that work was required for income.
Interesting theory.
I’m gonna say no because it’s global. Not everywhere did stimmi but they all have inflation.
there should have been layoffs but the branch covidians wouldn't allow that....they just wanted money to be printed and no work done....
even today, cities and communities are debating on what lame brain scheme to spend their covid dollars on...