Thirdly: 1st world problems

Fourth Owen is a cunt

Correct

https://www.reddit.com/r/BreadTube/comments/fnvfb5/pewdiepies_mask_slips_off_again_complains_about/

inflation report tomorrow 🙂

I'll put that on a list of "not really relevent anymore", Wacka

consensus was 1.7% yesterday... I see thats been revised to 1.6%

https://www.reddit.com/r/BreadTube/comments/fnvfb5/pewdiepies_mask_slips_off_again_complains_about/flctnxx/

Do you think after this, the govmt will buy back and write off the money they ditched, causing a one off drop in the value of the pound and matching inflation?

I think the world will collectively ignore this

and pretend it didn't happen

because everyone will be in the same-ish boat

doubt it... they comin after china

no i mean, economics

well no economics doesnt care about what happened.. its just reporting the figures

Ok, let me be clearer

Central banks will still use the data

I think collectively the governments will stop any inflation and push prices back down collectiveless regardless of the money supply

they can't ignore it, there'll be 350bn of spending

<:wojak_shrug:586614697441361946>

they can't just shut the countries

i'm pretty beyond what they can and can't do

you can only stop inflation by doing something... it cant really just be ignored

it is because they say

so they will have to raise rates

Anyone else get a text from the Government?

Pretty neat

Nope

not yet

i don't know, I don't think normal economics are on the table ehre

I understand the theories of how things work beyond control

What's wrong with letting the inflation just work through the system?

I'm not making a judgement on good or bad

i'm saying what I think will happen

because its important to aim for a target and smooth the curve so people arent completely fcked

I'm pretty sure everyone will agree to "ignore" it

if it costs £12 a pint a milk tomorrow, thats gonna hurt a lot of people

like normal economics would mean that lots of people with more money and supply not stretching, i can't see in this emergency state any price increasing

It isn't going to be like that, Wacka

well thats what extreme inflation is