Comments by "ChineseKiwi" (@ChineseKiwi) on "Central Banks To Keep Money Printer On Longer Than Expected" video.

  1. It being transitionary is correct. In Australia, we have already passed this transitory period. In Australia, we printed the money printer adding about 15% to the money supply (vs 40% in the US). We have experienced no increase in consumer price inflation caused by this. Our increases in inflation is mainly based on the price of housing and the oil price, both of which is nothing to do with the money printer. Also note that in the US, FAR more working age Americans died of COVID-19 vs other countries and thus pushing up labour shortages and thus inflation via supply chain bottlenecks and increased wages. - In Europe, skyrocketing energy prices are a big factor in inflation and in the UK, it's both energy prices and supply chain bottlenecks and labour shortages caused by Brexit.
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  2. or they put the on the money printer too much. In Australia, we printed the money printer adding about 15% to the money supply (vs 40% in the US). We have experienced no increase in consumer price inflation caused by this. Our increases in inflation is mainly based on the price of housing and the oil price, both of which is nothing to do with the money printer. Also note that in the US, FAR more working age Americans died of COVID-19 vs other countries and thus pushing up labour shortages and thus inflation via supply chain bottlenecks and increased wages. - In Europe, skyrocketing energy prices are a big factor in inflation and in the UK, it's both energy prices and supply chain bottlenecks and labour shortages caused by Brexit.
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  3. less tinfoil, more actual economic analysis.
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  4.  @WillieFungo  the "choosing not to work" thing is a myth as well. More they are moving into higher paying jobs.
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