{"id":689,"date":"2022-06-25T11:58:52","date_gmt":"2022-06-25T11:58:52","guid":{"rendered":"https:\/\/webdev.wordpress-developer.us\/tellusant\/?p=689"},"modified":"2025-04-13T22:35:04","modified_gmt":"2025-04-13T22:35:04","slug":"motores-actuales-de-la-inflacion","status":"publish","type":"post","link":"https:\/\/tellusant.com\/es\/current-inflation-drivers\/","title":{"rendered":"\u00bfQu\u00e9 impulsa la inflaci\u00f3n actual?"},"content":{"rendered":"
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Inflation is the economic topic of our time. What are the current inflation drivers? We look at the role of Federal Reserve.<\/p>\n

What Drives Current Inflation?<\/h1>\n

We use the United States to illustrate the concepts. The same mechanisms are at play in many countries.<\/p>\n

Federal Reserve Actions<\/h5>\n

Our analysis is based on monetary theory. If you inject money (the M2 measure) into the economy in excess of GDP growth, this will sooner or later lead to inflation.<\/p>\n

The Fed has radically increased the M2 (money stock) since 2020. The reason is understandable \u2014 to alleviate the impact of the pandemic on the economy. The magnitude is however troublesome.<\/p>\n

The mechanism for is that the Fed buys bonds in the market, thereby boosting the size of its balance sheet and injecting cash into the economy. This is largely printed money.<\/p>\n

This interview with Jerome Powell, Federal Reserve chair, explains the concept.<\/p>\n

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