Inflation Came In On A Comet From Deep Space

Posted by markjr 8 months, 2 weeks ago to Economics
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Where does inflation come from? It seems to be a complete mystery to the IMF, the BBC, the Bank of Canada and even Nobel Laureates...

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  • Posted by VetteGuy 8 months, 2 weeks ago
    Most people are familiar with the law of supply & demand, but few seem capable of relating that to the SUPPLY OF MONEY. Printing money increases the supply, driving down the value (each dollar buys less).

    I had this discussion recently with a group of guys I have breakfast with, and most got it, but I was met with a couple of blank stares. Apparently they had never heard that before. This should be high school civics/economics.
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