Comment on [deleted]
PeepinGoodArgs@reddthat.com 11 months agoGovernment spending causes inflation.
Yes, but…is government spending the only cause of inflation?
Comment on [deleted]
PeepinGoodArgs@reddthat.com 11 months agoGovernment spending causes inflation.
Yes, but…is government spending the only cause of inflation?
Mickey7@lemmy.world 11 months ago
It is always the major cause. Just think about it. Imagine if you could just fucking print as money currency as you wanted. The more they print the less what you have is worth. Simple math
PeepinGoodArgs@reddthat.com 11 months ago
If it was always the major cause, then what impact did lesser causes, like inflationary price increases by corporations or supply chains issues, have?
I don’t intend to pursue this into oblivion just to say, “Ah ha! You don’t know all!” I’m not going to do that. I swear.
Mickey7@lemmy.world 11 months ago
supply issues were caused by covid bullshit. If you have an insane reaction to a really bad strain of flu that is deadly to those already circling the drain, then you close down factories and obviously cause supply issues.
PeepinGoodArgs@reddthat.com 11 months ago
Right, but my question is what effect do you think that had in inflation relative to government spending and why?