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Deficit spending has dropped tremendously the last couple years, almost perfectly mirroring inflation: https://i.imgur.com/OhHSukq.png https://i.imgur.com/OhHSu
by mminer237 3y ago
Deficit spending has dropped tremendously the last couple years, almost perfectly mirroring inflation: https://i.imgur.com/OhHSukq.png https://i.imgur.com/OhHSukq.png
Historically there admittedly hasn't been such a trend, but historically we've never printed as much money as we did in 2020 before. I never said it was the only factor. It's also clouded by the fact that if what I'm saying is true, deficit spending is a great course of action when other factors push inflation down.
I'm just intuiting stuff from the basics. I haven't really heard anyone opinionate either way on this before, but how could adding 25% more money to the economy not create inflation?