What do you think of the 'shortages' both goods and electronics?

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

Your completely correct on this.

I want to share a simplified example of how inflation works that I heard to help people contextualize the situation.

Image you have only 1 fish and $10 in the economy. If you want to buy half of the fish it would be $5. Now, along comes the government and prints $40 more and hands out that cash. We now have 1 fish and $50. Now if you want to buy half the fish it would be $25.

This is the basics of what government has done. Since the time of Genghis Khan this has been tried with the exact same results. No civilization, empire or kingdom has ever printed there way out of trouble since the invention of currency.