Biden Doesn’t Understand Inflation, and That Will Harm Generations

Published April 8, 2022 476 Views $0.26 earned

The Left seem to think inflation is simply a rise in prices that just “happens” – usually due to whatever distraction they cite (phenomena like natural disasters, Vladimir Putin, “unanticipated increased demand,” and on and on) - like a plot twist in a never-ending fable.

But, at heart, inflation is a monetary problem caused by government or a government-licensed central bank issuing fiat cash and/or keeping interest rates artificially low in order to facilitate rampant government spending (spending that can’t entirely be funded by the more widely recognized evil of taxation.)

https://www.mrctv.org/index.php/blog/biden-doesnt-understand-inflation-and-will-harm-generations

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