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34
INFLATION - What IS/ARE the Problem[s]? Is it Greedflation," "Doom Spending," or Is "Money Itself" Decreasing in Value? (2 links and a few quotes in "Comments") (twitter.com)
posted 313 days ago by 13Buddha 313 days ago by 13Buddha +34 / -0
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– 13Buddha [S] 7 points 313 days ago +7 / -0

https://www.gisreportsonline.com/r/inflation-moving-target/

https://www.imf.org/en/Publications/WEO/Issues/2025/07/29/world-economic-outlook-update-july-2025

In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. ~Alan Greenspan

It is a way to take people's wealth from them without having to openly raise taxes. Inflation is the most universal tax of all. ~Robert Sowell

By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens. ~John Maynard Keynes

I don't mind going back to daylight saving time. With inflation, the hour will be the only thing I've saved all year. ~Victor Borge

When you are growing at a rapid rate, there is bound to be some inflation. I think a 5% rate of inflation is something that we should take in our stride. ~Adi Godrej

Declining productivity and quality means your unit production costs stay high but you don't have as much to sell. Your workers don't want to be paid less, so to maintain profits, you increase your prices. That's inflation. ~W. Edwards Deming

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– CaptainQuip 2 points 312 days ago +2 / -0

RIP, Victor Borge!

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– Tynyyn 2 points 313 days ago +2 / -0

I like Sowell's take on this. A universal tax. Now.....who does all that money go to? The Elites? Probably.

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– changeagent 4 points 312 days ago +4 / -0

I think we have been gaslit regarding inflation.

Prices might be down from their highs, but that doesn't mean they are down enough. Ooooh, goody, my gas is $3.40 per gallon instead of $4.05. Hell, I remember not too long ago when $2.95 per gallon was super high.

Bottom line is that regardless of Trump's policies, the $ is worth a lot less today. It's been a decades-long decrease in value.

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– Standingoak 1 point 312 days ago +1 / -0

In 1964 it was common for the 4 gas stations on each corner of a busy intersection to have a "Gas War" I remember $ 0.19 / gallon. Typical at the time $0.25.

Those same quarters will buy you ,even in Commiefornia, a gallon of gas.

1 -1964 quarter can be sold many , many places for $6.75

Bottom line is that regardless of Trump's policies, the $ is worth a lot less today...but money is not

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– The3rdKey 3 points 313 days ago +3 / -0

Printing money has caused the inflation that we're seeing today. It's that simple. The more dollars there are, the less each one is worth.

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– deleted 2 points 312 days ago +2 / -0
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– sunnyinvegas 2 points 312 days ago +2 / -0

BINGO.

I assume the congressional passage of the 1.9 TRILLION "covid package" in 2021 has much to do with our inflation numbers

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– Standingoak 1 point 312 days ago +1 / -0

PRINTING CURRENCY...

Money can't be printed or digitally created.

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– The3rdKey 1 point 312 days ago +1 / -0

Surely I'm misunderstanding your reply fren. It's all done by design as part of the fractional reserve banking system. Additionally, multiple servers were found by DOGE that simply created digital money directly with no over site or congressional budgetary requests.

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– Standingoak 2 points 312 days ago +2 / -0

... multiple servers were found by DOGE that simply created digital...currency... directly

Transmission from person to person as a medium of exchange; circulation. - currency

In other words, money must meet be:

Divisible: Can be divided into smaller units of value.

Fungible: One unit is viewed as interchangeable with another.

Portable: Individuals can carry money with them and transfer it to others.

Durable: An item must be able to withstand being used repeatedly.

Acceptable: Everyone must be able to use the money for transactions.

Uniform: All versions of the same denomination must have the same purchasing power.

Limited in Supply: The supply of money in circulation ensures values remain relatively constant.

https://money.visualcapitalist.com/infographic-the-properties-of-money/

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– The3rdKey 1 point 312 days ago +1 / -0

Sauce:
(If you don't know this, you will be pissed to learn what they have done to us fren.) https://www.msn.com/en-us/money/economy/elon-musk-says-he-and-doge-found-14-magic-money-computers-that-create-money-out-of-thin-air-which-the-government-can-do/ar-AA1BfxsV

This is a heavy read (608 pages), but the book "The Creature from Jekyll Island" spells out the deception within of our fractional reserve banking system and money creation. Here's a link to the PDF.

https://christianobserver.net/documents/creature-from-jekyll-island-by-edward-griffin.pdf

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– Standingoak 1 point 311 days ago +1 / -0

Swallowed the primary (first,essential biggest) LIE you have.

Fiat Currency ≠ MONEY

...what they have done to...those who don't know what money is

What they create is not money , it is debt. And is represented by their Fiat Currency.

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– The3rdKey 1 point 311 days ago +1 / -0

Fiat Currency ≠ MONEY

Yes, that was my point.

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– Standingoak 1 point 311 days ago +1 / -0

PRINTING CURRENCY...

Currency = Fiat Money🙄

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– PPimp4Trump 2 points 313 days ago +2 / -0

Prices are all down. I don’t think there’s any price — other than we have a real terrible, terrible head of the Fed, and if he brought down interest. I watch the Democrats, and they get on these shows. ‘Well, prices are up. Energy is up. Gasoline is through the roof. Food and groceries are up.’ They lie. Core inflation is way down, below 2%. Think of that.

https://www.whitehouse.gov/articles/2025/07/inflation-remains-right-on-target-under-president-trump/

“Every month since President Trump took office, core inflation — the best measure of inflation — has beat or matched expectations. The data proves that President Trump is stabilizing inflation and the Panicans continue to be wrong about tariffs raising prices.” — White House Press Secretary Karoline Leavitt

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– deleted 1 point 312 days ago +1 / -0
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– 13Buddha [S] 1 point 312 days ago +1 / -0

I believe it but don't feel it.

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– FlyingScotzman 2 points 312 days ago +2 / -0

Inflation allows your boss to give you an automatic pay cut every year without you noticing. If we had the crypto standard, we'd get automatic pay raises, and also people wouldn't be forced to throw their money into the stockmarket to avoid inflation, resulting in big corporations benefiting from that necessity, rather than having to earn trust from investors by being good.

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– TaQo 2 points 312 days ago +2 / -0

Psst...

In April 2020, the M1 figure stood at $4.79 trillion, then it skyrocketed to $16.24 Trillion the following month. To clarify, this surge was primarily a result of the Fed’s revised definition of the money supply, without restating the prior amount before May 2020.

Sauce: How much did they print?

Everyone should understand this... The more dollars they print or are in circulation, the less each are worth. The opposite holds true.

Just imagine of you could buy a loaf of bread in 1908 prices in 2025. Let's say 5 cents. What's a decent loaf cost these days? Nearly $5? THAT'S what they've stolen from us through inflation. Just imagine how many loaves of bread they've stolen from all of us over the years...$5 in 1908 would buy 100 loaves of bread compared to only 1 today. This is how much buying power has been stolen from us via these evil bankers "coin clipping" our dollar repeatedly through inflation.

Now, consider that ALL CURRENCIES are backed by NOTHING, other than your BELIEF that it's worth something. This is the game. Doesn't matter if it's got the word, "crypto" in front of it or not.

MONEY is NOT the same as currency. Money IS backed by something of value, just like when the US dollar was pegged to gold. You could exchange that $20 piece of paper ($20 bill) for an ounce of real gold and vice versa.

In this situation, you can't just "print as much as you want" unless you've got the gold to back it up. This is exactly what we need, and hopefully Stable Coin is going to do just that... but we'll see. There's always a trickster in Satan's realm...

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