3 ms·
1. Government prints massive amount of money. 2. Money supply increases, money value drops, definition of inflation, basic economics. 3. Economists and journa
by perryizgr8 3y ago
1. Government prints massive amount of money.
2. Money supply increases, money value drops, definition of inflation, basic economics.
3. Economists and journalists: Is <insert any random reason apart from money printing> causing inflation?
Bs like this erodes public trust in experts and institutions, and we saw the results of that when people started resisting against covid vaccines. Eventually, public trust in US/FED/economists/journalists will drop to such a low level that USD will lose its value entirely.
- yazantapuz 3y agoIdk why they are downvoting you... but this inflation issue is chronic here in Argentina and the cause is the govt printing money like there is no tomorrow. And the govt officials, aligned media and the like, all blame the "price makers" (from big corp to small bussiness). Seeing articles like this here is like a dejavu.