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re: Would we be in a recession under a Trump second term?
Posted on 7/28/22 at 11:27 am to Cosmo
Posted on 7/28/22 at 11:27 am to Cosmo
quote:Were that the cause, USD depreciation would be the result. It wasn't. It isn't.
It was inevitable the way they printed money during covid
The cause of inflation in this instance is not monetary devaluation. It is diminished supply in the face of baseline demand. The supply-driven premise centers on energy/oil.
1
Posted on 7/28/22 at 11:33 am to NC_Tigah
quote:
Were that the cause, USD depreciation would be the result. It wasn't. It isn't.
Because other countries are doing equally stupid stuff with their currencies
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