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I think OP is suggesting that inflation is a product of the introduction of additional dollars to the system, which are mainly added thanks to the government's
by pclmulqdq 4y ago
I think OP is suggesting that inflation is a product of the introduction of additional dollars to the system, which are mainly added thanks to the government's imbalanced budget (which dwarfs the effects of bank lending on money creation). This is a probably-not-too-wrong but also extremely contentious theory about how the economy works. Most of the people who run the fed and the treasury today subscribe to the idea of modern monetary theory, which does not agree. It's looking more correct now than it has ever looked in the past, though.