You either have inflation by a roaring economy because everyone has excellent jobs and maybe dual income in a strong capitalist economy. (but wait I'm told we're in a pandemic and so many people are dead or being laid off)
Or you have inflation by artificially printing and giving away money, completely devaluing the currency and increasing the "value" of hard assets in a normal socialist or communist society (but wait, surely someone would have said something by now if we transitioned to socialism/communism).
Dude. They are legislating TRILLIONS like it’s no big deal! TRILLIONS!! Just one trillion is a staggering amount of money and who knows how many multiples of our GDP.
that's exactly what it is.
You either have inflation by a roaring economy because everyone has excellent jobs and maybe dual income in a strong capitalist economy. (but wait I'm told we're in a pandemic and so many people are dead or being laid off)
Or you have inflation by artificially printing and giving away money, completely devaluing the currency and increasing the "value" of hard assets in a normal socialist or communist society (but wait, surely someone would have said something by now if we transitioned to socialism/communism).
Whatever the answer, something is fucky
Dude. They are legislating TRILLIONS like it’s no big deal! TRILLIONS!! Just one trillion is a staggering amount of money and who knows how many multiples of our GDP.