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I think they have less credibility after writing this article. Corporate profits don't change the amount of money in a system which is what drives inflation.
by ALittleLight 4y ago
I think they have less credibility after writing this article. Corporate profits don't change the amount of money in a system which is what drives inflation.
- govolckurself 4y agoThis is, apparently, a frequent misunderstanding of inflation. Inflation means prices go up. That's it. It can be because of an increase in the money supply, but it can also be because of an increase in demand, or a decrease in supply. People tend to use the misunderstanding to push a specific agenda, I've noticed.