When everyone lines up to buy that new car, that new home, all the finest foods they have had to forgo, et al. The resulting demand would fuel massive inflation.
It is simple supply and demand. A windfall in money would generate a demand that far out stripped immediate supply.
The law of supply and demand is exacerbated by greed, and people in this country are greedy gouging bastards. kek
Printed money doesn't impact inflation. 'Money' is created out of thin air every time a bank issues new debt, new car loans, new mortgages. Fractional reserve banking has made an endless supply of 'money'. Even groceries, services, and other goods are not paid with real money. Most folks are using a plastic card to represent money.
When everyone lines up to buy that new car, that new home, all the finest foods they have had to forgo, et al. The resulting demand would fuel massive inflation. It is simple supply and demand. A windfall in money would generate a demand that far out stripped immediate supply.
The law of supply and demand is exacerbated by greed, and people in this country are greedy gouging bastards. kek
Correct. The free market.
My question was about the printing money vs money already in the economy.
Printed money doesn't impact inflation. 'Money' is created out of thin air every time a bank issues new debt, new car loans, new mortgages. Fractional reserve banking has made an endless supply of 'money'. Even groceries, services, and other goods are not paid with real money. Most folks are using a plastic card to represent money.