The 10x from 400 billion to 4 trillion in a decade didnt come from 2% inflation.
It didnt come from nowhwere, or from Silicon Valleys exceptionalism - It came from changing the value of money, labour and resources. It came from everyday people, deficits and borrowing from the next 10 generations of children.
The public discourse is weirdly unable to adress burning problems that had been formulated almost 150 years ago. Much like the climate change topic originating in the 1970s.
blitzar|7 months ago
It didnt come from nowhwere, or from Silicon Valleys exceptionalism - It came from changing the value of money, labour and resources. It came from everyday people, deficits and borrowing from the next 10 generations of children.
throwawayqqq11|7 months ago
The public discourse is weirdly unable to adress burning problems that had been formulated almost 150 years ago. Much like the climate change topic originating in the 1970s.
hlynurd|7 months ago
willcipriano|7 months ago
Money printing does not cause inflation equally especially if not distrubuted so.