![The absolute state of projection [1107x1486 - 225KB]](https://pic8.co/sh/uU6ufC.jpg){kind=link}
That's...
Not how inflation works at all. Like...at ALL.
Almost all USD "money" on the books is digital, now.
That's...
Not how inflation works at all. Like...at ALL.
Almost all USD "money" on the books is digital, now.
"Printing Money" is more of a catch-all phrase which includes all forms of currency expansion... including fractional lending etc.
"Printing Money" is more of a catch-all phrase which includes all forms of currency expansion... including fractional lending etc.
If you're interested, here are the actual reasons for the recent inflation (like all things, it is more complicated than one thing - Occam's Razor is almost always wrong):
https://www.wsj.com/articles/inflation-definition-cause-what-is-it-11644353564
If you're interested, here are the actual reasons for the recent inflation (like all things, it is more complicated than one thing - Occam's Razor is almost always wrong):
https://www.wsj.com/articles/inflation-definition-cause-what-is-it-11644353564
(post is archived)