Yesterday 2:23 pm
Blackvegetable » 13 minutes ago » wrote: ↑ 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.
You got PWNED and you know it, SUCKYBOY!!
TARIFFS ALONE cause a ONE TIME price increase which is NOT INFLATIONARY since it doesn't continue a price increase over time. THAT'S how the value of money is deteriorated, along with MONETARY POLICY AND PRINTING MORE MONEY!!
PERIOD!!
Liberals are spoiled children, miserable, unsatisfied, demanding, ill-disciplined, despotic & useless. Liberalism is a philosophy of sniveling brats ~O'Rourke
The Democratic Party seems intransigent on their position of keeping the party ‘woke,’ detached, exclusionary, and totally insane.
The Democratic Party seems intransigent on their position of keeping the party ‘woke,’ detached, exclusionary, and totally insane.