Post-COVID-19 Inflation: More about growth in the quantity of money than supply disruptions.

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by Okware Emmanuel

There has been considerable controversy regarding the cause of post-COVID-19 inflation across economies worldwide. Overwhelmingly, the vast majority of the public, including prominent economists, have agreed on the most common cause, namely, supply disruptions from both the Ukraine war at the time and multiple lockdowns initiated by several governments around the world, which were said to have disrupted the transport network. While those were given the blame, we can agree that we start to see considerable macroeconomic instabilities when the effects of the growth in the quantity of money begin to trickle in.

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