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Yeah, I’be been saying this since before Covid. During trumps trade war on China, there was a massive increase in monetary supply. The government was printing money like crazy, but there wasn’t any increase in inflation.
I didn’t know there was already a theory behind it. But I kind of figured I shouldn’t be the only one to have figured this out.
Yeah, I’be been saying this since before Covid. During trumps trade war on China, there was a massive increase in monetary supply. The government was printing money like crazy, but there wasn’t any increase in inflation.
I didn’t know there was already a theory behind it. But I kind of figured I shouldn’t be the only one to have figured this out.
Something did inflate, actually: the price of assets, meaning stocks, bonds, real estate. In other words, the rich got richer.