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re: Inflation rises 7% over the past year, highest since 1982
Posted on 1/12/22 at 10:12 am to GreatLakesTiger24
Posted on 1/12/22 at 10:12 am to GreatLakesTiger24
No because state governors have no effect on money supply.
The last two years, and yes, that includes Trump and Congress, blew up the money supply by 40%. Too many dollars chasing too few goods and services.
Classic case of inflation while you economic idiots get lost in logical labyrinths trying to explain it away.
The last two years, and yes, that includes Trump and Congress, blew up the money supply by 40%. Too many dollars chasing too few goods and services.
Classic case of inflation while you economic idiots get lost in logical labyrinths trying to explain it away.
2
Posted on 1/12/22 at 10:14 am to prplhze2000
quote:right, but couldn't you argue they forced the hand of those who can effect the money supply?
No because state governors have no effect on money supply.
This post was edited on 1/12/22 at 10:15 am
Posted on 1/12/22 at 10:15 am to prplhze2000
that’s still only one part of the inflation picture …
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