Re:U.S. inflation rate rises to 13-year high of 5.4%
by merpnderp on Wednesday October 13, 2021 @10:28AM
(#28852538)
No, it's not easy. But we do know that increasing the money supply faster than economic growth creates inflation. We also know that inflation helps the rich and hurts the poor since it inflates asset prices faster than wages. And guess who owns most of the assets.
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