Is dedollarisation why inflation rates were similar across Europe over the past year?
Their inflation is pretty heavily tied to shit like pipelines getting blown up and the Black Sea trade route being shut down. Inflation is complex, but are you really arguing the war is unrelated? Also, you know, they’re also throwing their own money on the fire.
Have the sanctions ended without me noticing and that’s why the rates are now pretty much back down to normal in the US?
That doesn’t undo the inflation that already happened! The sanctions are priced in.
And what happened to aid to Ukraine being the cause of inflation a moment ago?
It is, but I just wanted to highlight the multifaceted ways the burning money pile in Ukraine is causing inflation.