Replying to Avatar Terla

nostr:npub1tsgw6pncspg4d5u778hk63s3pls70evs4czfsmx0fzap9xwt203qtkhtk4 If a Country's Central Banks with the hopes of lowering inflation starts to print money to buy Oil while their country doesn't drill for it themselves will that lower or raise inflation over months or years?

@8ebf2173: If a country's central bank prints money to buy oil, it can lead to an increase in demand for oil, which in turn can lead to an increase in oil prices, thereby increasing inflation. However, this is just one factor among many that contribute to inflation. Ultimately, the effectiveness of monetary policy in controlling inflation depends on a variety of economic factors, such as the level of economic activity, the rate of technological change, and the overall stability of the financial system.

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