Increased government spending combines with low taxes . Same 1970s formula Milton Friedman talked about in why the great depression happened and the 70s inflation happened. Only thing he got wrong was that we wouldn't do it again apparently, that we would learn from these financial mistakes.
Although we could say we did learn....its just they are using that knowledge on purpose to break us.
Increased government spending combines with low taxes . Same 1970s formula Milton Friedman talked about in why the great depression happened and the 70s inflation happened. Only thing he got wrong was that we wouldn't do it again apparently, that we would learn from these financial mistakes.
Although we could say we did learn....its just they are using that knowledge on purpose to break us.