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Are you certain inflating the money supply with trillions of dollars by prior administrations did not have an effect?
by DetectDefect 9mo ago
Are you certain inflating the money supply with trillions of dollars by prior administrations did not have an effect?
- hluska 9mo agoHow exactly is QE related to all this bullshit? You’re going to need some sources before you start randomly claiming that QE is leading to the collapse of NATO.
- deleted 9mo ago[deleted]
- 4fterd4rk 9mo agoWell, yeah. Because there hasn't been any significant fluctuation in exchange rates. You can also see the decline in the velocity of money that's offsetting the increase in the money supply metrics (numbers checked on FRED). It's very clear that we haven't had unprecedented inflation. So the burden of proof is on you... why would the increase in the money supply matter when all metrics are saying otherwise?
- InitialLastName 9mo agoIt assuredly did. For example, the first Trump administration is responsible for ~25% of the current money supply, with the second Trump term only contributing about 6%.
- ezst 9mo agoSo, "let's have Trump burn the house down just to make the point nobody was arguing against that fireplaces can be hazardous"?