![Inflation [419x382 - 24KB]](https://pic8.co/sh/NNJjmm.jpg){kind=link}
Inflation is created by printing money. The Federal reserve prints money and gives it to rich pedophiles.
Inflation is created by printing money. The Federal reserve prints money and gives it to rich pedophiles.
This has been building for decades. Inflation in staple goods has been held back for a long time for various reasons. Government - and that includes government under Trump - has been steadily ramping up its money printing, and with covid they just said "fuck it". Now the tide can't be swept back, and inertia will keep it inflating until not only this last burst of printing is balanced but everything else in the last decade and then it'll overshoot that.
Austerity would keep it from going to the stratosphere. The US public would never accept austerity at this point. IMO the dollar is dead.
This has been building for decades. Inflation in staple goods has been held back for a long time for various reasons. Government - and that includes government under Trump - has been steadily ramping up its money printing, and with covid they just said "fuck it". Now the tide can't be swept back, and inertia will keep it inflating until not only this last burst of printing is balanced but everything else in the last decade and then it'll overshoot that.
Austerity would keep it from going to the stratosphere. The US public would never accept austerity at this point. IMO the dollar is dead.
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