pull down to refresh

"inflation" certainly has become more of a mainstream topic, but I don't think very many normal people connect it to government spending. At least among the people I'm around, I'm more likely to hear inflation mentioned as some kind of weird phenomena, as if it was caused by the weather or the movement of tectonic plates.

it's the greedy corporations jacking up prices for everyone!

reply
119 sats \ 0 replies \ @nichro 27 May

True. The word itself is misleading. Inflation makes you think of inflating a balloon, so prices rising for any reason = inflation.

Therefore greed causes inflation , tariffs cause inflation, and the government must step in and spend to curb inflation.

Almost nothing about the money supply being inflated

reply