Submitted by Infamous_Sympathy_91 t3_yhkw4q in wallstreetbets
Nieshtze t1_iugz7a0 wrote
Reply to comment by _ThatsMyQuant in Consensus has been systematically wrong about inflation decreasing by Infamous_Sympathy_91
Russian invasion is the sacrificial lamb at the altar. America is insulated enough from Russia to not be affected this much.
The main reason for this inflation is due to central banks all over the world that printed literal truckloads of money during the COVID that is slowly making its presence known.
hjames9 t1_iuh7oio wrote
US wouldn't be emptying out the strategic petroleum reserve if it was so well insulated from the Russian War.
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