this post was submitted on 15 Jul 2025

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The tariff-driven inflation that economists feared begins to emerge (apnews.com)

submitted 6 months ago by funnyBunny@ani.social to c/world@quokk.au

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[–] UnderpantsWeevil@lemmy.world 7 points 6 months ago

The dollar's post-COVID strength was largely thanks to the Keynsian economy-wide business bailout the Americans rushed out in the immediate aftermath, while Europe tried to double-dip into austerity and the Pacific Rim went into full lock down.

We kept our economy moving at the expense of 103M confirmed cases and 1.2M fatalities. There's a lot we could learn from the COVID era. But the suffocating miasma of corporate media means Americans rejected all of it.