If, for the sake of argument, the government printed 100x the currency that currently existed, in short order, corporate profits would skyrocket as that money was deployed and the market as a whole into which that currency was being deployed realized what the situation was.
Those corporate profits wouldn't be causing the inflation.
They would potentially be the place where they are first noticeable and measurable according to certain measurements, but in a complex system that you do not have instrumented up completely, the first place you see a particular thing appear is not necessarily its origin point. Anyone debugging distributed systems should have direct experience with that.
This is not what is happening, but I kind of this kind of boundary analysis where you stick large numbers in to a system like a helpful way to feel out the landscape of a problem like this.
I'm open to the idea that this or that corporate action is making things better or worse. But "inflation is bad because corporations discovered greed in 2020" is such an obvious falsehood that it calls into question why anyone is even pushing it as a reason. Greed was invented somewhere around the time the first cell divided into a second cell, not several years ago.
Those corporate profits wouldn't be causing the inflation.
They would potentially be the place where they are first noticeable and measurable according to certain measurements, but in a complex system that you do not have instrumented up completely, the first place you see a particular thing appear is not necessarily its origin point. Anyone debugging distributed systems should have direct experience with that.
This is not what is happening, but I kind of this kind of boundary analysis where you stick large numbers in to a system like a helpful way to feel out the landscape of a problem like this.
I'm open to the idea that this or that corporate action is making things better or worse. But "inflation is bad because corporations discovered greed in 2020" is such an obvious falsehood that it calls into question why anyone is even pushing it as a reason. Greed was invented somewhere around the time the first cell divided into a second cell, not several years ago.