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re: Here Are 6 Things White People Say That Highlight Their Privilege
Posted on 3/16/24 at 12:16 pm to Tigertuxedo
Posted on 3/16/24 at 12:16 pm to Tigertuxedo
quote:
It's a little crazy that the employees aren't getting paid
It’s not pay, it’s the loss in value of the currency.
Inflation is only caused by one thing - an increase in the money supply. When that increase occurs too fast, you get unsustainable inflation which is what we are experiencing now.
Same thing happened to the Weimar Republic in the 1920s but to a much greater degree.
Or go read what happened to Zimbabwe in the 2007 when they were massively overprinting their currency (and not reporting it) to pay military officials and corrupt politicians exorbitantly.
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