Jun 13, 2022
2:22:36pm
2:22:36pm
The over-reaction to the pandemic is likely the major cause, as you mentioned.
Efforts to "stimulate the economy" by increasing money supply always lead to inflation. Inflation is a government construct. That affects everything, including gas prices, which were also affected by limiting the domestic supply, which is simple supply and demand.
https://www.washingtonpost.com/business/2022/02/06/federal-reserve-inflation-money-supply/
Here is what Milton Friedman has to say about inflation:
https://www.youtube.com/watch?v=F94jGTWNWsA
https://www.washingtonpost.com/business/2022/02/06/federal-reserve-inflation-money-supply/
Here is what Milton Friedman has to say about inflation:
https://www.youtube.com/watch?v=F94jGTWNWsA
- Previous username
- Speculum
- Bio page
- bluecheese
- Joined
- Dec 14, 2004
- Last login
- Jun 21, 2024
- Total posts
- 14,222 (36 FO)
Messages
Time
I don’t remember this being true, but Google doesn’t allow me to search within a time period anymore. If people weren’t
6/13/22 7:20am
6/13/22 7:33am
6/13/22 7:44am
6/13/22 7:21am
6/13/22 9:15am
That has little info. It has Sommers, who was employed previously by Biden, saying the consensus was inflation would
6/13/22 12:03pm
6/13/22 12:54pm
6/13/22 7:21am
6/13/22 7:36am
6/13/22 7:48am
6/13/22 8:23am
6/13/22 7:41am
6/13/22 11:26am
What does he mean by “money,” because tech companies have like 15x as much cash on hand. Does Biden think Exxon should
6/13/22 7:31am
6/13/22 7:35am
6/13/22 7:54am
6/13/22 8:28am
6/13/22 10:51am