Quote:
Originally Posted by iheartthed
Yeah, agreed. I don't buy this idea that the public health policies in response to the outbreak were the problem. The problem is that the government failed to get ahold of the outbreak before it spun out of control. There were basically three types of responses: 1) a quick and forceful early reaction, 2) slow early reaction and prolonged limbo state, or 3) no reaction. Pretty much only third world countries did the third response. Asia and eastern Pacific countries mostly opted for the first. Europe and the Americas mostly went with the second response.
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^ Just because you don't agree doesn't mean you aren't blatantly wrong.
Guys, use your brain. This is common sense. Economics 101:
A. Government shuts down numerous industries
B. Even after opening them up, it restricts them (limited capacities, etc)
C. Government now has to bail them out by printing trillions of dollars in money
D. Government also has to bail out people who lost jobs by printing trillions of dollars in money
E. Government also has to bail out people who didn't pay rent due to eviction moratoriums that were stupid, immoral, and lasted way too long by--you guessed it--printing trillions of dollars.
What is the end result of printing all of that money? INFLATION. Tons of it.
That's what happens, folks. Basic economics, you don't have to be a brain surgeon to put 2+2 together.