Yesterday 2:14 pm
*Beekeeper » 8 minutes ago » wrote: ↑ NOTHING worth reading. Never is.
You're a **** IDIOT!!
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Price increases CAN happen, but that alone is NOT a cause of inflation. The CAUSE OF INFLATION is simple- TOO MANY DOLLARS chasing TOO FEW GOODS. THAT causes prices to increase and the VALUE OF MONEY to DECREASE. Tariffs DO NOT cause the value of money to decrease and without that 2nd part, you have NO INFLATION!!
What is the "value" of money?
It is what you can exchange it for in "goods".
If the price of goods go up, the value of money has declined.
That, given persistence over time, is the definition of Inflation.
You're a **** idiot.