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high inflation, an unwanted consequence or....

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#1 andr99



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Posted 14 July 2022 - 04:21 AM

a designed one ? When they printed trillions, they perfectly knew what they were doing and they were perfectly aware of the inflation they would have caused, but inflation is good when you have a mountain of debts because it will erase them all....... 

Edited by andr99, 14 July 2022 - 04:23 AM.

forever and only a V-E-N-E-T-K-E-N - langbard

#2 pdx5


    I want return OF my money more than return ON my money

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Posted 14 July 2022 - 11:32 AM

Printing has been going on for 15 years. But high inflation started only a year ago.

I believe it is due to supply side being down.

Edited by pdx5, 14 July 2022 - 11:33 AM.

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#3 Rogerdodger



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Posted 15 July 2022 - 05:51 PM

I vote for "a designed one".

Inflation has been their means of borrowing and then paying back the same amount in de-valued currency.

My $1 an hour dish washing job in the 1960's bought me several cars for $300 or less.

Today's $16 an hour? You gonna buy a car with that?