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Cake day: August 26th, 2023

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  • Kirkkh@lemm.eetoAsklemmy@lemmy.ml*Permanently Deleted*
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    1 year ago

    Inflation. It’s caused by printing money—full stop. “Economic easing” is a euphemism for it. It’s very easy to understand: adding money to the supply reduces the value of the existing supply. Fucking nerds in Wow understand this better than most people.

    Yet everyday some bi-partisan Econ Professor is paid a small dump truck of (probably printed) money to confuse this very simple issue. Why?

    It’s absolutely exhausted to ask someone “why can’t we just print more money” —because inflation. “So printing money causes inflation?” —no. ???