30 sats \ 2 replies \ @jgbtc 30 Mar \ on: Price Inflation Comes from Government not from “Excuseflation” or “Greedflation” econ
Wait, is government saying central banks have no effects on inflation? What do they even do then?
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0 sats \ 1 reply \ @Undisciplined OP 30 Mar
Paul Krugman has claimed this when it's politically convenient. I'm not sure if he's done it recently, though.
It's more like they're trying to have it both ways: we need the FED to manage inflation, but when inflation is out of control it's greedy capitalists' fault.
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20 sats \ 0 replies \ @jgbtc 30 Mar
Exactly. First rule of government is always blame someone else.
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