It's also strongly backed up by the historical record of deficits and inflation.... | Hacker News

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		WalterBright on Jan 29, 2025 \| parent \| context \| favorite \| on: Fed leaves rates unchanged, drops reference to inf... It's also strongly backed up by the historical record of deficits and inflation. Even the Romans had inflation when they debased their coinage.

pjc50 on Jan 30, 2025 [–]

Fiscal expansion and monetary expansion are different things, though. As are "real shocks" like COVID and the Ukraine war.

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