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Price inflation isn't the only type of inflation. Monetary inflation was historically the "inflation" people focused on, and given that Ireland runs a deficit i
by _heimdall 8mo ago
Price inflation isn't the only type of inflation. Monetary inflation was historically the "inflation" people focused on, and given that Ireland runs a deficit in their state budget this would be adding to the debt and inflating the money supply.
- danlitt 8mo ago> given that Ireland runs a deficit in their state budget is this true? Last I heard Ireland ran a surplus for the last 5 years or so.
- _heimdall 8mo agoWell I'll be damned, I stand corrected! I had looked that up before posting and must have misread the a chart showing a slight surplus as shoeing a slight deficit instead.