YoursTruly
Platinum Member
- Dec 21, 2019
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The trouble is that DeSantis is lying. Government spending does not cause inflation. The trouble is that we are giving big tax cuts to the rich. The rich are systematically fleecing this country. They refuse to pay decent wages. They are keeping prices artificially high. That is what causes inflation.
What a load of crap. "Government spending doesn't cause inflation?"
When the government borrows money from the fed, and pumps it into the economy, it makes the existing currency worth less. Too much money in the economy is inflation.
This is the basics. A short video with important details.