2008-2016 with low interest rates/money printing- why didn’t we get high inflation during that time period? ‘because low interest rates don’t necessarily mean inflation’ ok but can you go into it a bit further than that? What made it different than 2020?

Question

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In: Economics

Answer 1

Because not only was there an inflationary money policy, there were major supply chain disruptions that caused supply for many goods to drop, while demand remained the same or even went up

A lot of people just paper over the supply chain disruption of Covid but it was a very big component of the inflation spike of the past few years