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Inflation is happening because of the continued printing of currency and an absolute refusal by all parts of the power structure to do anything that would decre
by kneebonian 3y ago
Inflation is happening because of the continued printing of currency and an absolute refusal by all parts of the power structure to do anything that would decrease the amount of USD in circulation because it is politically unpopular.
And their not going to, the best thing you can do is park your wealth in assets which will continue to appreciate. Not even big things necessarily, instead of renting things like Rototillers or carpet scrubbers just buy the dang things.
- JumpCrisscross 3y ago> Inflation is happening because of the continued printing of currency Money supply is currently falling [1]. Inflation is more complicated than more money higher prices. [1] https://www.reuters.com/markets/funds/us-money-supply-falling-fastest-rate-since-1930s-2023-03-29/ https://www.reuters.com/markets/funds/us-money-supply-fallin...