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fescuerescue

(4,475 posts)

10. Government spending doesn't cause inflation.

Reply to CousinIT (Original post)

Tue Sep 27, 2022, 06:45 PM

Sep 2022

But government printing of money most certainly does.

Trump issued ALOT of money. Probably the biggest money dump in history. He almost double the money supply in 2020 and 2021.

That doesn't mean that corporations aren't greedy. They are raising prices to soak up all that extra money printed.

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'Inflation is caused by government spending'...and other myths [View all] CousinIT Sep 2022 OP

Inflation is caused by prices going up..... TheRealNorth Sep 2022 #1

Oil (WTI Crude) down to 78.50 today, but local gas at over $4.00. Midnight Writer Sep 2022 #2

That's my take on it. n/t CousinIT Sep 2022 #5

They literally have taking away social security and medicare in their TX GOP platform! BrienDoesIt Sep 2022 #3

They will tell us it's because those leftists are not letting us drill "our" oil Walleye Sep 2022 #4

Said relatives have complained about that too! They cussed at Biden when gas prices were high.. CousinIT Sep 2022 #6

Maybe tell them that the oil doesn't even belong to us. It belongs to the international companies Walleye Sep 2022 #8

Increases in government spending Zeitghost Sep 2022 #7

There is nothing like an unbiased post on inflation based on solid economics ripcord Sep 2022 #9

Government spending doesn't cause inflation. fescuerescue Sep 2022 #10

With the approval of congress MichMan Sep 2022 #11