I already know how inflation works thanks 😁
Comment on Money doesn't solve everything, but it helps.
TheDemonBuer@lemmy.world 1 day agoBringing the costs of necessary goods and services down would help people significantly. But the opposite would happen if everybody had more money. And that’s what I’m saying: more money isn’t the answer, lower prices are the answer. Just giving people more money to try and keep up with ever increasing prices is a never-ending cycle that doesn’t result in anyone actually being better off.
theacharnian@lemmy.ca 1 day ago
WoodScientist@lemmy.world 1 day ago
We’re not talking about printing money and giving it away. We’re talking about taxing and spending. This doesn’t cause inflation as resources are devoted from the pet projects of the wealthy to the needs of ordinary people.