What causes inflation...

[Cray Paper]

This was from 1978...is he wrong??

 

[Ricks raft]

No

 

[BigQ]

It's my understanding the FED's two main goals is to control inflationary direction and jobs market. So, I am going with yes. Milton Friedman is one of my favorites to watch.

 

[dnewps]

Let’s say you pay your kids with IOU’s for chores. They are IOU’s for DOLLARS. The kids could trade them with each other as if they were cash. They were created out of thin air.

This is how the global DOLLAR works. Also called the Eurodollar.

It’s hard to wrap your head around the fact that the US Dollar is not controlled by the US. The FED tries to influence but the mechanics are maybe 5% while the other 95% is persuasion…politics.

The Dollar is not inflating away…it’s the most free system in the world. But it can break if there is a collateral problem somewhere in the global system. Since it’s our currency…we will feel it.

 

[dnewps]

It’s my opinion that 2008 was not caused by houses and mortgages. Rather, the banking system was loose and after Lehman brothers dissolved…many banks globally, puckered their asshole and new money creation (new loans) slowed dramatically. The problems we are seeing date back to the great financial crisis.

 

[Rajobigguy]

What causes inflation???

Democrats

 

[Andy B.]

What causes inflation???

Democrats

Don't forget Rhinos!!!

 

[rmarion]

Chris Kidd on Instagram: "The way the banking system really works… Don’t blame the system, learn the game and how to win! https://ChrisKidd.com #banking #business #investing #financialliteracy #entrepreneurship #debt #personalgrowth #businesscoach

69K likes, 655 comments - financialcoachkidd on September 4, 2024: "The way the banking system really works… Don’t blame the system, learn the game and how to win! https://ChrisKidd.com #banking #business #investing #financialliteracy #entrepreneurship #debt #personalgrowth #businesscoach...

www.instagram.com

 

[rrrr]

What causes inflation???

Democrats

One word answers are usually the most accurate.

 

[Willie B]

… Compressors…

 

[Cdog]

Government printing fiat currency.

I’ve read Free to choose. Long book.

 

[DRYHEAT]

Sure is a good thing. Bitcoin is gonna solve all these problems of inflation.

 

[caribbean20]

All that government spending causing $36 Trillion of US Government debt, caused by BOTH political parties, that’s what. Now that the election is over, I see Musk is discussing it. About time.

Inflation or austerity, take your pick. Only way out of this mess.