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Politics : The Trump Presidency

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To: Steve Lokness who wrote (357025)12/11/2025 4:15:36 PM
From: combjelly1 Recommendation

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abuelita

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Noodles has about a strong of a grasp on economics as he has on other aspects of reality.

A big dollop of spending does not necessarily result in inflation when the economy has taken a shot below the waterline. For example, in the wake of the Dubya Near Depression, Noodles needed to be sedated when he worked himself up over the coming hyper-inflation because of the various measures taken to stimulate the economy. You remember how prices skyrocketed. When prices could double on items between picking something off the shelf and making your way to checkout...

Neither do I. He still hasn't managed to figure out why. Because for him, economics is all about unicorns and fairy dust. Since it is all magic, then believing strongly enough can make it manifest.
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