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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: zzpat who wrote (1085775)8/30/2018 3:49:18 PM
From: Broken_Clock1 Recommendation

Recommended By
FJB

  Read Replies (1) | Respond to of 1576619
 
The government did not print $4 trillion of new money so everything you wrote is based on a misunderstanding of what really happened.





To: zzpat who wrote (1085775)9/4/2018 7:36:13 AM
From: RetiredNow1 Recommendation

Recommended By
bruwin

  Read Replies (1) | Respond to of 1576619
 
You are wrong. There was inflation and there was new money created. However, the inflation went to assets held by the 1%. As with all monetary inflation events, the people who get access to that new money first are the ones who take home all the benefits. That is exactly what happened here. Again, you show your ignorance on economics with every post.