bitcoms on Nostr: ⁃ recent gargantuan increases in money supply are still having powerful effects ⁃ ...

⁃ recent gargantuan increases in money supply are still having powerful effects

⁃ interest rate rises may be ineffective, and may even have significant inflationary effects

Unsurprisingly, these obvious points are not even mentioned by the FT in their latest article analysing inflation.