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I, too, stopped reading my Econ 101 text book at page 3! There are dozens of us!!! Inflation can be caused by directly printing money. In modern economies it's

I, too, stopped reading my Econ 101 text book at page 3! There are dozens of us!!! Inflation can be caused by directly printing money. In modern economies it's more related to things like reserve rates, treasury rates, overnight rates, demand shock, supply constraints, and trusts.

fallingknife 4y ago
The first 3 factors you mentioned are directly related to printing money, though.
- deleted 4y ago
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PM_me_your_math 4y ago
[flagged]
- sofixa 4y ago
  I know you don't deserve engaging with because you probably know you're talking complete and total bullshit, but > Ukraine (the most corrupt country in eastern Europe) Belarus? Russia? Moldova? Albania? No? > a blank check (not a loan) for administrative salaries, women, and vodka. Women have mostly become refugees because, you know, their country was invaded by a genocidal maniac and his army are committing a bunch of war crimes. Vodka there is little because russians have been stealing farming equipment (alongside the washing machines and toilets). No, the real reason Ukraine needs as much help as it can get is because it was invaded by a bigger country and it's very existence is at stake. If one has any moral compass, supporting Ukraine is a no brainer, otherwise one is just supporting a genocide either directly (like trolling online) or indirectly through indifference.
- glacia01 4y ago
  So Ukraine is causing inflation now? That's a new one.
- thechao 4y ago
  Ok, here's my problem: if I go get the US currency volume rates from 2001 to 2023, I get an expected increase in currency of ~7.2%/annum (there are some 5% years; mostly 6.5%s; and, one 15% year). This means the total volume of US currency has grown by a factor of 3.57x from 2001 to 2023. However, over the same time, the CPI has only increased by a factor of ~1.78x. I feel like if "printing money = inflation" then inflation should be more like ... 3.5x? Maybe ... currency-printing equates to 1/2 its value in inflation. I think that makes for a really complicated story where "printing money" creates values out of thin air? In that sense, doesn't that mean "printing money is good"?

fallingknife 4y ago

The first 3 factors you mentioned are directly related to printing money, though.

deleted 4y ago
[deleted]

PM_me_your_math 4y ago

[flagged]

sofixa 4y ago
I know you don't deserve engaging with because you probably know you're talking complete and total bullshit, but > Ukraine (the most corrupt country in eastern Europe) Belarus? Russia? Moldova? Albania? No? > a blank check (not a loan) for administrative salaries, women, and vodka. Women have mostly become refugees because, you know, their country was invaded by a genocidal maniac and his army are committing a bunch of war crimes. Vodka there is little because russians have been stealing farming equipment (alongside the washing machines and toilets). No, the real reason Ukraine needs as much help as it can get is because it was invaded by a bigger country and it's very existence is at stake. If one has any moral compass, supporting Ukraine is a no brainer, otherwise one is just supporting a genocide either directly (like trolling online) or indirectly through indifference.
glacia01 4y ago
So Ukraine is causing inflation now? That's a new one.
thechao 4y ago
Ok, here's my problem: if I go get the US currency volume rates from 2001 to 2023, I get an expected increase in currency of ~7.2%/annum (there are some 5% years; mostly 6.5%s; and, one 15% year). This means the total volume of US currency has grown by a factor of 3.57x from 2001 to 2023. However, over the same time, the CPI has only increased by a factor of ~1.78x. I feel like if "printing money = inflation" then inflation should be more like ... 3.5x? Maybe ... currency-printing equates to 1/2 its value in inflation. I think that makes for a really complicated story where "printing money" creates values out of thin air? In that sense, doesn't that mean "printing money is good"?