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How Covid lockdowns primed the current financial crisis

submitted by knightwarrior41 to whatever 2.1 yearsMar 23, 2023 23:45:21 ago (+4/-0)     (thegrayzone.com)

https://thegrayzone.com/2023/03/15/covid-lockdowns-financial-crisis/

The lockdowns and the stimulus required to keep the economy alive helped drive inflation. Then the Fed jacked up interest rates. And all hell broke loose.

duh


2 comments block

Economists were saying this before lockdowns, but people were too busy watching sportsball.