[EvilCapitalist]

Anyone who’s ever seen this would have known this is what would happen. https://www.youtube.com/watch?v=lu_VqX6J93k Should be required viewing for all kids in high school.

[throwthebumsout]

Yet the media will still trot these “experts” out to sling their BS to the viewers.

[eyeamok]

Properly defined, inflation is an increase in the money supply

Properly defined, inflation is DEVALUATION of all existing specie from legal Counterfeiting, Can anyone here tell me the Three Specific Crimes outlined and listed in the US Constitution??

[Alberta's Child]

Creating $3 trillion out of thin air is — by definition — inflation.

I don’t think this is correct. Monetary inflation like this is a function of two things: money supply AND velocity. During the COVID fiasco the velocity of money dropped precipitously for a while, so it was not a sure bet that adding $3 trillion to the economy would have inflationary effects.

If you give me $3 trillion and tell me I have a week to spend it, that would definitely result in massive inflation. But if I had no such requirement and opted instead to stuff all of it in my mattress (so to speak), there would be no inflationary effect at all.