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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (255447)	10/27/2022 5:29:44 PM
From: i-node	Read Replies (1) \| Respond to of 358535

>> Inflation is too much demand chasing too few goods and services. A rather pedestrian view of inflation. When you print money you make each incremental dollar worth less. Dollars become cheap. Tobacco leaves becoming worth more dollars. Or giant stones with wholes in them, or gold or whatever medium of trade one happens to have, looks a little better than dollars. When you print 1.6 trillion dollars the damage is considerable. The most bizarre thing to me in the world is that grown men and women, allegedly educated, can’t grasp this concept.

To: Wharf Rat who wrote (255447)	10/27/2022 6:52:17 PM
From: koan	Read Replies (1) \| Respond to of 358535

So you know more about it that Robert Reich and other economists? Robert Reich:" The underlying problem is not inflation. It’s corporate power. The entire American economy is concentrated into the hands of a few greedy, corporate giants Robert Reich explains how the underlying problem isn't inflation, it’s corporate power. When only a few corporate giants have the power to raise prices - we all lose. View Resources. ? Inequality Media's Videos · ? Get Updates · ? Donate · ? Board Of Directors · ? Home · ? Our Team