DS in Texas said:Originally Posted by James Lacey
So, an interruption in supply caused by a global pandemic can't cause inflation? Or an interruption in supply caused by war? Or an increase in demand caused by consumer fear or speculation?
You've said some crazy things on this forum and spread lots of falsehoods and misinformation, but saying that *only* government spending can cause inflation is monumentally incorrect.
You've said some crazy things on this forum and spread lots of falsehoods and misinformation, but saying that *only* government spending can cause inflation is monumentally incorrect.
Oh really?
I just sent you Milton Friedman who said it, not I. So you might want to argue with him.
BTW, where did you get your economics degree??
Oh wait, you say you don't have one?
So what is your evidence when you call Milton Friedman Nobel Prize winning economist "Monumentally incorrect"?
Here again for your education: https://www.youtube.com/watch?v=jWKhjJzsY1Y
30 seconds of your life when you watch Milton Friedman tell you that Gov't spending and creating of money by gov't are the ONLY thing that produces inflation.
Watch it and you'll increase your IQ by 10 basis points!!