Inmate Central

RE: "the average US citizen will be in near-poverty status before the end of this century"

172.56.241.42

pictureguy

In Reply to: RE: "the average US citizen will be in near-poverty status before the end of this century" posted by Ivan303 on May 20, 2023 at 12:28:44

Next up would be a discussion of The Printing Press and the role of M1 in inflation.....

money supply is way UP which always fuels this nonsense.....
Too much is never enough

Follow Ups:

RE: "the average US citizen will be in near-poverty status before the end of this century" - Uncle Mike 16:10:05 05/20/23 (1)
Will you someday get past econ 101?
- RE: "the average US citizen will be in near-poverty status before the end of this century" - pictureguy 13:01:47 05/26/23 (0)
  Tell me I'm wrong.
  or better yet?
  Explain why what appears an obvious coorelation is not correct.
  
  Milton Friedman supports this idea and is not the only one.....
  
  Now? to be honest, I'm not a big fan of 'single cause' anything. Events are driven by multiple causes.
  So, If you wanted to ADD to the causes of inflation? Sure......What is on your list? I'd add some kind of corporate / industrial reason. Call it whatever you want. Even Greed would work.....
  
  Does government spending also play a role in inflation? I'd say yes...to the extent that expenditures exceed income by more than 1% or so......a reasonable rate of inflation...
  Too much is never enough

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