RE: U.S. Inflation at 13-Year High - How is this OK?
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Whether it ends well is completely in the hands of the central banks, i.e. the Federal Reserve in case of the United States. You said it with the 'printer goes BRRR' line: printing money is the root cause, one does not create wealth out of thin air without repercussions for the actual, REAL economy.
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Yeah, that's what the U.S. does though. It's fucked lol
The European Central Bank does the same thing, though not as much. The problem with the Euro is that a single country has almost no control of the monetary practices of its currency. A different, but still serious set of problems
Absolutely. I'm not familiar with the Euro system, but they're all fucked in my opinion.
Actually the ECB did a lot more easing than the US. Look at the balance sheet of the two.
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Did they really? How did this affect inflation?