So, i agree with some of the MMT observation, but not the main tenet (so i might have missed something tbh). To me, like for MMT, hyperinflation is not caused b

So, i agree with some of the MMT observation, but not the main tenet (so i might have missed something tbh). To me, like for MMT, hyperinflation is not caused by money printing (this "theory" is really not supported by the facts), but against MMT, to me that does not mean that not printing money doesn't cause inflation. But money printing is not the main inflation lever. Also, to me, taxes have nothing to do with inflation control. Or maybe it helps, but it is also not the main lever. From what i've tested anyway. Production deficit is creating inflation. Every single country that went through hyperinflation saw a deficit in production the years prior and wasn't self-sufficient in food and/or basic amenities. And normal inflation is close to the same. Inflation comes when the production is strained: it was the case in the 30s, it was the case from the 50s until the 70s, it is still the case in China. This can be caused by a positive effect (people are hopeful and want to consume more than what is actually produced and/or sold) or a negative one (drop in production, or in price of an asset/ressource that a country exploit heavily and use to buy food and amenities). I don't think money supply have a huge impact on inflation, except maybe on asset inflation? Anyway this will be the MMT crash test.