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How the government creates inflation:

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Finance Nerd

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271,392 görüntüleme • 1 yıl önce •via X (Twitter)

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🇺🇸 ELON: GOVERNMENT OVERSPENDING CAUSES INFLATION AND DEVALUES PAYCHECKS “The federal government can always make more money, but that’s what creates inflation. I really want to reinforce this—government spending creates inflation. When prices go up at the grocery store, it’s because the government spent more than it brought in, increased the money supply, and diluted the value of money. Your paycheck is worth less because of government-induced inflation.” Source: Elon Musk Joni Ernst Vivek Ramaswamy
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🇺🇸 ELON: GOVERNMENT OVERSPENDING CAUSES INFLATION AND DEVALUES PAYCHECKS “The federal government can always make more money, but that’s what creates inflation. I really want to reinforce this—government spending creates inflation. When prices go up at the grocery store, it’s because the government spent more than it brought in, increased the money supply, and diluted the value of money. Your paycheck is worth less because of government-induced inflation.” Source: Elon Musk Joni Ernst Vivek Ramaswamy

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Good lil talk with ChatGPT Put it in absolute mode and ask it questions about money, society, debt, inflation etc I do this everyday and then follow the resources it sends me How banks lend money into existence and that creates inflation 👇
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“Consumers don't produce inflation. Producers don't produce inflation. Inflation is produced only by too much government spending and too much government creation of money, and nothing else.” — Milton Friedman
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