Episode 90: Inflation (Economic)

Kate and Xtine discuss the issue currently causing the most discourse amongst Homestuck fans: The Federal Reserve’s unprecedented open market operations in the context of the ongoing 2020 recession, what their expansionary monetary policy means and what its implications are for working people and the economy as a whole.

Sources:

• M2 Money Supply (St. Louis Fed)

• Axios: The federal government's coronavirus response risks spiking inflation

• USA Today: US is `printing' money to help save the economy from the COVID-19 crisis, but some wonder how far it can go

• Engels: What were the further consequences of the industrial revolution? What follows from these periodic commercial crises?

Edited by Kate

Get the Perfectly Generic Album by Goomy

Support the show on Patreon and get access to the exclusive bonus [I]ntermission podcast

www.perfectlygenericpodcast.com

Follow the podcast on Twitter.

Join the podcast Discord.