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Wednesday, February 8, 2023

Cause of inflation - more money supply, deficit spending not greedy producers or traders

It is more fun criticizing

We often have attributed inflation (increase in prices) to atrocious activities of traders and businessmen.   Businessmen are always aware of their long term viability and must always keep an eye on their competitors so they  can not just increase prices

Blame it on more money supply:    ayuda, stimulus package, more loans, more money being printed