Its always the same excuses - Its not printing, its...
The hurricane
Covid
Increased demand
Bad crop year
Climate change
War in middle east
...
If they're statement was true, why not simply print $1M for each citizen....I mean what would the downside be if you have proven that printing is not related to inflation?
Its always the same excuses - Its not printing, its...
If they're statement was true, why not simply print $1M for each citizen....I mean what would the downside be if you have proven that printing is not related to inflation?
Are they high? wtf?
Perfect territory for this story.
CNBC part is what defines inflation perfectly. The emphasis on inflation by the anchor is the representation 'how deep fiat nips!'