rakkhi,

Not enough people read ..

Money and Money equivalents.
Credit == money
High deficits need to be borrowed or printed
More money, same or fewer goods == higher consumer prices
Low rates, financial deregulation, covid money printing == price inflation now

Sad that so few people understand this..

nf3xn,
@nf3xn@mastodon.social avatar

deleted_by_author

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  • rakkhi,

    @nf3xn so true. So many people even PhD in economics never heard of it.

    But I stand by the statement it is economics 101

    nf3xn,
    @nf3xn@mastodon.social avatar

    deleted_by_author

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  • rakkhi,

    @nf3xn sure but people can read.. the concepts are basic

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