Inflation is Forcing Us to Understand Economics and do Something
No, covid didn’t cause the crises
People who are whining and are surprised about the current rising inflation rate are so stupid.
Prices are up, everything is up. You know the drill.
My grandma is talking about it all the time when she buys something in the store. But most people think this inflation is temporary, but inflation is never temporary.
It’s the highest inflation rate in the last 40 years. That’s huge.
This wasn’t a complete surprise of course and the people that laughed at me 18 months ago for warning them aren’t laughing now, are they?
This Hasn’t Happened Before
With a lot of things in life, there are exact blueprints for how to do them, and when they go wrong, you exactly know how to fix them.
With these things, you don’t.
Money printing hasn’t been as active as it is now. 80% of all dollars are printed in the last 2 years — and these are only dollars.
Imagine the rest of the world.
To make it clear to a novice in economics, the whole world is in debt and every once in a while that debt gets paid off. But where does that money…
