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Si no te gusta, ahí tienes la puerta: el desempleo como mecanismo de disciplina laboral
Por @Evanshm
redmmt.es/si-no-te-gusta…
Por @Evanshm
redmmt.es/si-no-te-gusta…
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@TyKeynes Look at enormous debt. That’s Keynes legacy’sView quoted post on X
Lección 983403843: la economía no mejora porque se consuma más.View quoted post on X
Los argentinos comen menos cosas típicas porque son más pobres pagina12.com.ar/2026/11/09/la-…View quoted post on X
INFLATION IS STILL A MONETARY PHENOMENONView quoted post on X
I have looked at 42 countries since December 2019. For each one I compared how much faster broad money has grown than the real economy with how high inflation has been.
The slope is 0.50 – one percentage point more money growth a year has meant roughly half a percentage point more inflation.
R² is 0.57 – differences in money growth explain 57% of the differences in inflation across countries.
The countries that printed the most money got the most inflation. Switzerland and Japan, where money barely outgrew the economy, got the least.
The US sits just above the line. The euro area sits almost on it.
So forget supply chain disruptions and greedflation – that was always nonsense. Supply shocks change relative prices. They do not create years of broad-based inflation across 42 countries.
It is money, and it still is. Nominal spending remains excessive across the world, and that is what is keeping inflation elevated everywhere.