3 ms·

But clearly not because of Biden printing money...

• jonnycomputer 5y ago
  Sarcasm is a beautiful tool, but it must be used wisely.
• quadrangle 5y ago
  In a complex system, there's a lot of actors. Take ANY one actor as the only one with a choice, presume all the rest as a given, and you can blame that one actor. The socialist argument does it this way: inflation obviously only happens when prices are actually raised, and that's done by the sellers of things, so if the sellers simply decided to keep their prices unchanged, they would stay unchanged. That's absolutely true and doesn't depend on anyone else. Biden didn't sign a law requiring anyone to raise prices. I suspect you can find some way to complain about that argument, and maybe your complaint will make sense. But if you want to pick ONE blame point for price increases, the one that is best is the point where some person directly chooses to raise prices. Besides that, it's all very complex.
• whateveracct 5y ago
  It's clearly not primarily driven by the "printing money" HNers are not a rational bunch when it comes to economic and monetary policy lmao
  • spiralx 5y ago
    90% of HNers couldn't tell you what fiscal and monetary policy even are, let alone have a sensible debate on the economy.