The sharp increase in inflation over the past year has blindsided many economists. Almost no one saw it coming

submitted by Drewski from files.catbox.moe

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[–]HiddenFox 5 insightful - 2 fun5 insightful - 1 fun6 insightful - 2 fun -  (0 children)

Yeah such Bullshit. It's well known printing money leads to inflation. Since the days of Gangues Kong any Empire, Kingdom or Country that tried to print their way out of trouble suffered a massive spike in inflation and economic failure.

[–]IkeConn 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (1 child)

Whenever a government prints too much money you get inflation. If they keep on printing it you get a very bad depression.

[–]Jesus 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Government always is destroying money. What they are doing is TRYING to get people to buy stuff. The problem is faith is gone and they gave it to zombie banks and big capital. Really, we were in a deflationary crisis and we needed inflation but without the purposeful supply chain breakdown

[–]Jermacide 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (1 child)

Whaaaat!? Printing trillions of dollars and having a massive supply chain breakdown creates inflation?! None of my professors at Yale taught me about this basic common sense math of 1+1=2 in my Economics courses. I'm gonna sue my parents for paying for me to go to a terrible University.

[–]Jesus 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Supply chain breakdown due to government mandates and lockdowns causes wealth transfer of trillions from middle-class and we get back 1.5K that we have to pay back anyway in increased commodity prices.

[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (3 children)

i saw it all coming.. when covid first hit the scene, everyone seemed to think that it would all blow over in a few minutes... i told them that this thing has a global momentum and will be here and will become worse over the next couple of generations.

yes, i said that.

i also stated that islam is behind this fabricated bullshit lie covid.

islam is commanded by the quran to either convert you or to enslave you or to kill you.

have i not told you this since the first days of covid?

ps... this forum is polluted with paid muslim shills.

http://saidit.net/s/tawheed

do you know why muslims hate jews?

because their prophet mohammad had killed a few hundred jewish people and taken some of their women as slaves and ONE OF THOSE SLAVE GIRLS PUT POISON IN MOHAMMAD'S FOOD AND HE DIED.

THIS IS WHY MUSLIMS HATE JEWS.

THE JEW HATERS IN THIS FORUM ARE MUSLIMS.

[–]Jesus 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (2 children)

Hahaha, Mr Cohen, how's the weather in Tel Aviv?

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

some people use laughter to express how dumb they are.

[–]Jesus 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Some people remain JIDF agents.

[–]iDontShift 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

that is our real president

[–]FlippyKing 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

It's almost like most economists just repeat what ever nonsense that pops into their heads in order to keep their jobs, and it's almost like those who call economics a pseudoscience are right.

[–]book_hoarder 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

You have to be a piss-poor economist to have not seen that coming. You put people out of work for a year, gave out free money, let people remain on unemployment for months, made it impossible for women with school-age children to work outside the home, fucked up the supply chain, and took away people's jobs for not complying with vaccines mandates.

I'm shit at math and have only the foggiest idea of how economics work, but even I saw that shit coming.

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Shucks, cut the experts a break. Even Aristotle was wrong about gravity from time to time. Poor dears probably need time to destress: can’t expect them to always make optimal decisions with their overworked galaxy brains. I propose we offer young woman of childbearing age to help them destress. It’s the least we can do for our experts, who heroically shoulder the fate of the whole planet on their shoulders.

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

people are dropping out of the workforce which has led to increases in wages to try to get people to work, that just led to high prices of course

nixon used price controls but was then forced out