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To: ChicagoConservative27

Our spending may be partly to blame for their inflation.


9 posted on 05/05/2022 5:22:25 PM PDT by buridan
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To: buridan

“Our spending “

Spending is impossible if you don’t have the money to spend. Money to spend has been put into the economy by government by creating it out of thin air (by lending it, because theoretically those receiving the money have to pay it back).

The huge increase in the money supply devalues the money, which is inflation. Thus money creation comes before spending.

So spending is not the cause.


13 posted on 05/05/2022 6:26:27 PM PDT by cymbeline
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