3min chapter

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Trading Crypto Inflection Points | Hal Press

Empire

CHAPTER

COVID - The Acute Driver of Inflation

" COVID did two things. It crimps demand, it made it harder for factories to get together and produce stuff," he says. "It created supply bottlenecks, which all had an impact of reducing supply ... And then it also boosted demand in a variety of ways." He adds that central banks were given green light to implement extreme easy monetary policy.

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