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Inmate Central Inmate Central, where civil and family-friendly discourse about off-audio topics (other than religion and politics) is welcome. |
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In Reply to: RE: "the average US citizen will be in near-poverty status before the end of this century" posted by Uncle Mike on May 20, 2023 at 16:10:05:
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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Follow Ups
- 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)