Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

It certainly stimulated GameStop stock.

I think the criticism is that the stimulus worked too well and we’re suffering inflation and whatnot now.



Inflation is hitting most countries aggressively now. The US may actually be on the conservative end of inflation which may have been buffered using government subsidies/influence, but the net takeaway is the rapid expansion in the world can't be explained by simply looking at the US's free-money-keep-buying scheme.


Most countries adopted the same loose fiscal and monetary responses, with the same predictable results.



The graph shows until this Feb. JPY has been plunged about 13% recently, and even without it import energy/food/everything price is increasing for obvious reason. Let's see whether salary catch up (I doubt).




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: