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

To: Tenchusatsu who wrote (1256346)	8/23/2020 5:04:59 PM
From: Wharf Rat	Read Replies (1) \| Respond to of 1575429

"Spending 'free money' leads to inflation." That's what I thought. Maybe it doesn't. My son and I have been trying to figure it out. Inflation is too much money chasing too few goods, and, I guess, services.. Right now, we're mostly getting just enuf money to chase pre-covid things, like food and rent orvmortgage payments. The few at the top aren't putting their money into vegetables and canned beans. Maybe all the inflation is in assets, from PMs and stocks to foreign natural resources, like lithium and rare earth mines, to isolated tropical islands standing 15 feet above sea level. I guess we're gonna find out. == "Funny how the Democrats want to tax wealth these days" Rat wants to tax personal and corporate income and the estates of dead people, but not wealth.