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TheRealNorth

(9,629 posts)

2. The inflation we currently are experiencing has little to do with the amount of circulating cash

Reply to Recursion (Original post)

Wed Oct 13, 2021, 02:21 PM

Oct 2021

That's the moronic reasoning Republicans count on- that inflation is always caused by printing money like 1920's Weimar Germany.

The current cause of our inflation has much to do with supply chain disruptions that cause shortages (which lead to higher prices), as well as an increase in oil prices.

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Remember, "Inflation is taxation" is a goldbug meme [View all] Recursion Oct 2021 OP

Low wages are oppression Raven123 Oct 2021 #1

The inflation we currently are experiencing has little to do with the amount of circulating cash TheRealNorth Oct 2021 #2

Actually, inflation is cyclical.. (n/t) Patton French Oct 2021 #3