The inflation of the early 2020s was caused by government overspending and rising energy prices.

Added to korrents 8 Sept 2026 · How quotes work · Something wrong? Tell us

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• Central bank purchases of government bonds are not bailouts and do not automatically cause inflation, since they only change the composition of the consolidated government's liabilities, not their total. OBOlivier Blanchard1 Jun 2022inflationgovernment
• The main function of education is signalling rather than building skill, so subsidising it mostly inflates credentials. BCBryan Caplan19 Feb 2025inflationgovernment
• The return of inflation is what made Donald Trump's second presidency possible, and therefore what makes everything that presidency changes possible. JBJennifer Burns19 Jan 2025inflationgovernment
• Data centres had not raised the average American household's electricity bill as of 2025; inflation and the gas-price shock did. AMAndy Masley10 Oct 2025inflationenergy
• Rising diesel prices are even more likely than rising gasoline prices to drive up interest rates. PKPaul Krugman21 Sept 2026inflationenergy

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