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Take a look at other countries historical inflation too. I bet you'll see 50%-100% inflation rates before the supply problems started. Only after the governmen
by lnino 9y ago
Take a look at other countries historical inflation too. I bet you'll see 50%-100% inflation rates before the supply problems started.
Only after the government realizes they can't indefinitely finance their spending by printing money, then they turn to seizing wealth production, or do stupid things like price control. Then things get really ugly.
- infowl 9y agoDo you have proof? It's difficult to tell if statements are true without hard evidence and data to back the claim.
- lnino 9y agoThe burden of proof is on the side making the nonsensical claim that hyper-inflation is always caused by supply problems, never ever by monetary policy. I've been nice enough to provide some first-hand reports and a few pointers. I'm not your google. If you'd rather remain believing in Keynesian fairy tales, so be it.