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sooted up Cyndi
21 Dec 2021 2:02 pm
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Water Cooler Poleece
Water Cooler Poleece
10,440 posts
SJConspirator » 21 Dec 2021, 1:27 pm » wrote: ↑ How is inflation caused by Biden?
well they say.. Its the over spending. And the fed printing money.. and the spike in oil prices.. cutting off the pipeline. oil is in everything.. The stimulus packages may have got the ball rolling?
 Too much money chasing to little goods.. I'm not so  I sure believe that.
I have a different theory.. I think inflation is caused by greed... if everyone didn't raise there prices.. maybe things would stabilize.
now deflation and inflation are quite similar.. I would like an explanation too..
Too much money in the system makes the dollar lose value.. so it takes more dollars to buy the same amount of goods? so a 20 dollar bill has the buying power of a ten?
 
 



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Annoyed Liberall Dec 20, 2021

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