Hacker News
points by paulpauper 1 day ago | 0 comments
Even the Covid crash, as bad as it was, was over in a month. Stocks rocketed to new highs faster than anyone could have ever anticipated.
[–] leonidasrup 1 day ago
This stock recovery was so fast because of an external factor, governments injected money into economy, but the price was inflation.

" Fiscal stimulus during the pandemic contributed to an increase in inflation of about 2.6 percentage points. "

https://reason.com/2023/02/02/covid-stimulus-spending-played...

[–] charlieyu1 4 hours ago
It is also inflation this time. Inflation hasn’t slowed down for a few years now