Posted by Tomski
on January 14, 2022, 10:21 am, in reply to "Moderate rebels: Hudson explains what is causing so much inflation"
In essence, it debunks the myth that the pandemic is the main reason that US economy is in trouble - as in 'just in time' goods distribution model (supply chains). Just before the pandemic, in 2019, the FIRE (finance etc) sector was already crashing and being bailed out by Federal Reserve. Pandemic is now being used as a cover up.
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