Why Haven’t We Seen Hyperinflation?

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Coming straight from the Federal Reserve, we started this period with around 4 trillion US Dollars in the system. One year later, that number is at 6.7 trillion dollars. Meaning that over 40% of all US dollars were printed in just the last 12 months. And from the looks of it, no one seems to be in a rush to slow things down. And strangely enough, we haven’t seen much inflation for everyday goods like gas and food? Prices definitely haven’t gone up anywhere near 40%?. Where’s the inflation?
The reason why we haven’t seen inflation is because the amount of money being printed is only one of the factors that contributes to inflation
To get inflation, here’s everything you need:
1. Industrial Output: how much “stuff” an economy makes
2. Employment
Too much employment leads to employers fighting over workers, which leads to higher wages, which leads to higher prices
3. The Money Supply: the main topic of this video and probably the easiest to understand
More money when an economy is producing the same amount or less stuff equals higher prices
And 4. If money is exchanging hands, and if so, how fast is it exchanging hands, or the Velocity of Money
And in our case right now, the money supply has shot up a ridiculous amount, but the other factors have been keeping inflation down
Industrial Output: It’s been down from businesses not being able to operate, which means less stuff. But there’s also less demand from you and I to buy those things.
Employment has also definitely taken a hit. And with less employment comes lower wages, which means lower prices. Not inflation.
And the Velocity of Money. It’s pretty slow for everyone with all the uncertainty in the air. People don’t want to spend a lot of money right now if they don’t know if they’re gonna be able to find a job or keep their job
But you know what they are gonna spend it on? The things that only go up! Like Tesla stock, every other stock, real estate, and Bitcoin!
But instead of calling it inflation, we call it the stock market rally, the real estate boom, crypto’s time to shine or the great crypto bubble depending on who you ask.
Should the money printer keep going brr? Can the money printer keep going brrr?
-----------------------
Philanthrope, Leavv - What Was Before chll.to/7764bee5
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نظر 

  1. Jake Tran

    Jake Tran

    پیش ماه

    Get your first seven days right now for just ONE dollar. Go to ➡️ trends.co/jaketran​ for your $1 seven-day trial! 🔥

    • tropickman

      tropickman

      پیش 2 روز

      I thought the federal reserve controls the supply of money and not the gov.?

    • illimited knowledge

      illimited knowledge

      پیش 5 روز

      this is not only happening in USA, this is happening now in the WHOLE WORLD! welcome to Hyperinflation World, welcome to mad max world!

    • Anonymous

      Anonymous

      پیش 5 روز

      einstein you forgot the trade embargos on Zimbabwe, farming isn't hard to learn

    • Andrew Lamont

      Andrew Lamont

      پیش 6 روز

      @Jake Tran This video totally misses the point. The government doesn't spend the money on nothing, it spends it on jobs, hardship benefits, infrastructure, hospitals, schools all of which have a much larger benefit over the long term. Prices might rise for a few years, boo hoo, but on the bright side your entire economy didn't collapse. This pandemic was the opportunity for governments to upgrade public infrastructure to keep the economy going while the private sector has been suffering. I am so glad that I am from New Zealand, where we have a competent government which is democratically representative and where we disdain politicians who are as abhorrent as the one you voted into the last term. Here in New Zealand our government is spending their extra money on upgrading our entirely country, solving a housing shortage and addressing climate change. We defeated Covid in May with a lockdown and our economy has barely even taken a hit because of our success in totally eliminating it for almost a year. This video is entirely based on a straw man argument. A misunderstanding of the point of government spending, you never once mention where that spending goes or what it does to put money in peoples pockets so the economy continues to function. This video is just another part of the American paranoia of their own government (an institution which is suppose to be for the public good), a paranoia which is mostly based on false slander from the right wing and is ultimately self fulfilling.

    • m3abdi

      m3abdi

      پیش 10 روز

      @TheCripOf WallStreet black farmers ?? Nothing about the ppl taking all the wealth out the nation n fleeing to Australia and Canada. alt right talking points.

  2. Anonymous 1988

    Anonymous 1988

    پیش ساعت

    Two words gold silver

  3. ohio player1177

    ohio player1177

    پیش 5 ساعت

    Zimbabwe is what is going on in the United States with Obiden and the left printing cash. The part I can't figure out is why they send 3/4 of the cash overseas? Why do they do that and what part will that do with inflation? Buy bitcoin 👌

  4. bungis kungis

    bungis kungis

    پیش 5 ساعت

    End the Federal Reserve.

  5. ohio player1177

    ohio player1177

    پیش 5 ساعت

    Buy bitcoin

  6. Ra Mänd

    Ra Mänd

    پیش 10 ساعت

    Printing the money is the inflation. You are talking about inflation consequences seen in prices.

  7. Madhavi latha

    Madhavi latha

    پیش 14 ساعت

    How do you get movie footage for your videos?

  8. Gordon Styles

    Gordon Styles

    پیش 19 ساعت

    This video was great on the history, but as soon as it said that all the money in existence is what’s on the Fed Balance sheet: WRONG. Sigh.

  9. Michael Yao

    Michael Yao

    پیش 23 ساعت

    America export inflation all over the world. Party is over. Trillion of dollars would come back to USA and China would refuse to be your factory. Say no to dollars

  10. Vladimir Lenin

    Vladimir Lenin

    پیش روز

    You forgot to mention Hungary

  11. Matthew Lombardi

    Matthew Lombardi

    پیش روز

    Yo I like the jacket. What kind is it?

  12. Josh Norton

    Josh Norton

    پیش روز

    this video was semi stupid and pointless.

  13. Sean Bailey

    Sean Bailey

    پیش روز

    Because the US dollar is backed by nothing, so the only thing making $1 worth $1 is people agreeing it is. Hyperinflation was backed by gold. You know the value of a Dollar fixed v an asset.

  14. surveyguyor

    surveyguyor

    پیش روز

    Worried about inflation? wonder why our shelves are not full? Research for yourself how much food we ship to China. They need it and we have no problem sending it there and feeding them. It's staggering.

  15. surveyguyor

    surveyguyor

    پیش روز

    It's happening, it doesn't jump to ultra high numbers overnight, but it's already happening. Look at the price of gas. The effects have started in all aspects. While they exponentially print money, then it keeps "hiding".

  16. Parham Davoodi

    Parham Davoodi

    پیش روز

    So they avoided hyperinflation by decreasing employment and other factors. kinda sad

  17. Lunar Module

    Lunar Module

    پیش روز

    Its a dishonest description of MMT. MMT people say there's a limit and the deficit has to be managed. They also say pay people to work when the job market is weak, not pay them to do nothing (the pandemic is another issue) Tge objective being to keep workers up to date, active and to increase the output. The GOV and the central bank are NOT applying the MMT. They are doing something else.

  18. gaijinblow

    gaijinblow

    پیش روز

    "They can't do it forever" "Watch me"

  19. Nuno Tonelo

    Nuno Tonelo

    پیش روز

    Because the scarcity is not in commodities, but a hole made by the financial services that are acting like casino

  20. UFOinsider

    UFOinsider

    پیش روز

    You’re literally just serving as Schiff’s megaphone without critically questioning anything he’s saying. He doesn’t even critically question anything he’s saying. For example, have you considered the temporary nature of the cash infusions? You make no mention of it

  21. V U

    V U

    پیش روز

    They just print money for their jewish pals in wall street to play with.

  22. SAMURAI K9S

    SAMURAI K9S

    پیش 2 روز

    Lockdowns

  23. Ricardo Blikman

    Ricardo Blikman

    پیش 2 روز

    Lol Don't worry 80% of that money is parked @ the Bermuda's by the rich so it wont be released into the economy because it would get taxed if they move it back to the US. If the dollar gets destroyed China will get the hardest hit!

  24. Toni Dueñas

    Toni Dueñas

    پیش 2 روز

    Venezuela government banned firearms from citizens in 2012...it collapse 2016. If they ban in the u.s then we can expect a collapse.

  25. don hansen

    don hansen

    پیش 2 روز

    When a bankruptcy occurs there is a destruction of wealth that may in large part accrue to the government. How does this effect things? Don

  26. Hyperloop Beats

    Hyperloop Beats

    پیش 2 روز

    "Money does not grow on trees." What's money made out of? Paper Where does paper come from?

    • Shantanu Pandey

      Shantanu Pandey

      پیش روز

      Tree.

  27. swap

    swap

    پیش 2 روز

    Best video I have ever watched related to Inflation!

  28. Remo Gaggi

    Remo Gaggi

    پیش 2 روز

    The US is going to collapse. And it ain't gonna be pretty.

    • Maxim

      Maxim

      پیش 11 ساعت

      We can only hope... It would be grade in the sense that the US will stay out of the rest of the world for a while, but also when US collapses, so will many NATO countries... And Ofcourse than China will become the new asshole superpower (not for long though, since they'll run out of people)... So maybe it will be great who knows

    • Chaz Parish

      Chaz Parish

      پیش روز

      Been saying it for years nobody listens

  29. Sorin Nicu

    Sorin Nicu

    پیش 2 روز

    It's still time for hyperinflation.

  30. D B

    D B

    پیش 2 روز

    Germany wasn't called the Weimar Republic until after WW1...

  31. Damian_ai9

    Damian_ai9

    پیش 2 روز

    This is why Bitcoin is our only hope, US dollar is going to fall

  32. Brandon Malcolm

    Brandon Malcolm

    پیش 2 روز

    The bawdy behavior crucially label because dietician recently bounce sans a wonderful anthropology. goofy, barbarous aquarius

  33. JER JOS

    JER JOS

    پیش 2 روز

    Looks like 45% tax rate coming in the future.

  34. Michael Looks

    Michael Looks

    پیش 2 روز

    So TL;DR is that once the pandemic restrictions leave and the market becomes more regular is when inflation will come? Dang it.

  35. Scrooge McDuck

    Scrooge McDuck

    پیش 2 روز

    We are headed for a Worldwide crash. Perfect timing for a Worldwide currency. This is all been planned out for years.

  36. Anthony Walker

    Anthony Walker

    پیش 3 روز

    Inflation could happen but I highly doubt it, they are trying to print away deflation. Many unemployed people out there with decreasing purchasing power, just now they’ll be giving money away for free just to “stimulate” the economy away from a depression.

  37. Diwakar Chettri

    Diwakar Chettri

    پیش 3 روز

    If you oppos a white country, then they'll destroy your economy....remember Zimbabwe and Venezuela

  38. Flying Translator

    Flying Translator

    پیش 3 روز

    US 10-year treasuries are on the way up. Make of that what you will.

  39. Derrell Price

    Derrell Price

    پیش 3 روز

    Glad I am 79 years old. Self imposed pain is the most idiotic act a human being, if you can call them that, can make. The most pain inflicted is pain inflicted on ones self.

  40. Tanner Bean

    Tanner Bean

    پیش 3 روز

    'No matter where you go relative to the surface... it doesn't make sense" 😂

  41. ТурбоТОП

    ТурбоТОП

    پیش 3 روز

    A lot of delusional BS in this video.

  42. therealthreadkilla

    therealthreadkilla

    پیش 3 روز

    What planet are you folks on? Hyperinflation is everywhere. a halfway decent house in my hood is a $1,000,000.........

  43. Rafael Valencia

    Rafael Valencia

    پیش 3 روز

    But the people only got 1 check of $2,600 in a whole year & a half where is this money that is being printed going? Funny they didn’t touch on point.

  44. Lucas Dillingham

    Lucas Dillingham

    پیش 3 روز

    Silver and gold Just imagine it like the dude from Rudolph is singing it

  45. Neo Lix

    Neo Lix

    پیش 3 روز

    18:30 Libertarians will never understand that we're playing this game because we decided to form a society for a greater good than just our personal fortunes. These people are literally burning the world for their own wealth.

  46. Anex415

    Anex415

    پیش 3 روز

    I need an advice. Lets say i wanna launder small amount..how much should i bank in? Monthly? Weekly?

  47. L A

    L A

    پیش 3 روز

    inflation is a myth, we have the capability to send out 2000 dollar checks every month to every american but we won’t. Instead they’ll spend that money on the military and give it away to foreign governments

  48. We Need Patriots

    We Need Patriots

    پیش 3 روز

    Certain economies are experiencing stagflation. In the past six weeks, we experienced a 20.68% increase in (premium grade) gasoline per gallon. Also, we’ve experienced an 18.3% increase in organic chicken breast. Inflation is lagging indicator of new circulated cash. Get ready frenz, because our national economy is about to take a massive shit on us!

  49. David Wong

    David Wong

    پیش 3 روز

    Why Haven’t We Seen Hyperinflation? That question make me think ... Why do those 2 different speakers sound different while they measure the same? Insufficient theory, measurements, model are possible explanations.

  50. Santiago Suarez

    Santiago Suarez

    پیش 4 روز

    I am a manufacture. The price of raw materials has gone up about 35% in the last two months. I'm having a hard time passing the cost to my costumers.

  51. Samantha Rondeau

    Samantha Rondeau

    پیش 4 روز

    40%? More like 60

  52. jaydav04

    jaydav04

    پیش 4 روز

    The petro-dollar keeps the US dollar afloat. This is one of the reasons the US wont leave the Middle East.

  53. maTzeprei

    maTzeprei

    پیش 4 روز

    As long as all major central banks are devaluating their currencys by printing we are fine. Or are we?

  54. Rosco

    Rosco

    پیش 4 روز

    Don't be stupid, buy Crypto

  55. Goose

    Goose

    پیش 4 روز

    Haven’t we seen a form of hyperinflation in that stocks are way overpriced.

    • J Tommy

      J Tommy

      پیش 3 روز

      No that’s just overvalued stocks. Hyperinflation means the dollar is worth less, and it’s really not.

  56. aquaphazed

    aquaphazed

    پیش 4 روز

    Excellent piece. Get bitcoin while you can, ladies and gentlemen.

  57. ForcefighterX2

    ForcefighterX2

    پیش 4 روز

    "Should the government have a monopoly on money in the first place?" Wow Jake Tran do you actually not know, that the governments have to BUY the money? This is the root of the scam - there are private companies "selling the money" to the governments (e.g. federal reserve). Maybe I just misunderstood Jake... Edit: Sorry I obviously misunderstood Jake. At the end of the video he discusses the problems arising from exactly this buying of money and accumulating debt in the process (by the governments).

  58. ForcefighterX2

    ForcefighterX2

    پیش 4 روز

    By the way the government is NOT the issuer of money. If governments were the source of money, they could by definition not have any debt. The governments are just the entities creating the most dept in order to lend more money for specific purposes. Be it in Europe, where the European Bank creates the money, or in the USA where the federal reserve (a private bank) creates the money - in the end, the governments simply lend the money (by selling bonds to the central banks). However, most money in circulation is the result of credits given out by private banks to people and private companies. And yes, this is not 100% correct as there are minor regional tweaks to the system, but this is pretty much how it goes in most part of the world.

  59. Joshua Fitch

    Joshua Fitch

    پیش 4 روز

    Facts you didn't address. 1) what about fiat currency and that everyone is printing not just the US. 2) The US dollar is the world exchange currency. 3) bills can be paid with printed money and so on and so on so along as inflation doesn't become realized (see statement 1)

  60. OhGeeGanksta

    OhGeeGanksta

    پیش 4 روز

    Government intervention hoisting up the market and unrealistic projections.

  61. Mike C

    Mike C

    پیش 4 روز

    “Haven’t seen hyperinflation” have you seen those gpu prices? 2500$ for rtx3070?

  62. Gene Au

    Gene Au

    پیش 4 روز

    Because there is not enough velocity.

  63. Penguin Hunter

    Penguin Hunter

    پیش 4 روز

    Now I wanna know how people survive in those hyper inflation situation?

    • J Tommy

      J Tommy

      پیش 3 روز

      Probably by government assistances...few people can live without their help

  64. Burzin

    Burzin

    پیش 4 روز

    8:20 The actual video starts here. You are welcome.

  65. Mark Keller

    Mark Keller

    پیش 4 روز

    People need to understand the government has NO money to spend. The only money they have is OUR money. What we earned. When the government spends they are actually taking from us and giving to others, mostly non productive people.

  66. Noah Lamb

    Noah Lamb

    پیش 5 روز

    Peter Schiff has been predicting hyperinflation for well over a decade in response to the massive quantitative easing in the Great Recession and now he is repeating these claims in the pandemic. He will continue to be wrong. This video grossly misrepresents the arguments for increasing the money supply so here are the real ones: Economic downturns produce deflation, and if you don't stop deflation, then no one spends money because it will be worth more in the future turning downturn in to depression. The massive increase to the money supply is just to keep inflation rates at their targeted goal and is in fact easily reversible, because most of the vast majority of the money supply increase comes in the form of electronic money rather than printed paper bills. Printing money has nothing to do with deficits and everything to do keeping our inflationary rate at a predictable and controlled level.

  67. Moises Jimenez

    Moises Jimenez

    پیش 5 روز

    One of the other problems with the modern monetary theory is that the national debt for the US isn’t JUST government debt, about half or more of that is also civilian/consumer debt....

  68. Sergio Velasco

    Sergio Velasco

    پیش 5 روز

    Peter Schiff has been predicting hyperinflation and doomed US economic system since 1998. He might be right some day.

  69. Flash Gordon

    Flash Gordon

    پیش 5 روز

    Jake Tran, you refer to yourself as a hustling entrepreneur business owner. Do you have a business or businesses? Are you an entrepreneur? I can see your a hustler by being a content creator with a half a million subscribers making probably 12-$,15,000 a month of gross income. But does being a content creator on IRmys make you a business owner or entrepreneur? IDK if it does and if it does please explain. I'm sure being as you are financially smart that you use your IRmys revenue to invest, most likely in digital currency or trendy stocks but what business or businesses do you own? And how are you an entrepreneur?

  70. Flash Gordon

    Flash Gordon

    پیش 5 روز

    And for you libtards... This isn't former President Trump's fault... It's the Government's fault... The former President doesn't make the decision to print more money.... So before you blame former President Trump like you libtards do for anything and everything.... Just remember President Biden will only make the problem much much worse

  71. Stew Pidasso

    Stew Pidasso

    پیش 5 روز

    The Central Bank needs to hide the Great Rest......The Plandemic will not cut it........they are holding it back as long as possible, but..... Nothing Can Stop What Is Coming

  72. Floating Pointz

    Floating Pointz

    پیش 5 روز

    The biggest misperception of MMT, from people who can't read or listen, is around printing money. Zero MMT economists are saying you can print money with reckless abandon. Saying a government can't *default* on a loan based on their own currency doesn't also mean you can't potentially wreck the value of your own currency (depending on many specifics). MMT is very similar to Keynesian economics, which we have lived on for decades. I see a lot of lazy, straw-man arguments from monetarists or people that haven't read anything. It doesn't make for intelligent conversation....

  73. Jhovany Corona

    Jhovany Corona

    پیش 5 روز

    You can pay completely for the welfare programs you promised people. You just have to stop producing the planes, bombs, and tanks that kill people around the world. That makes up as much spending as the whole welfare state.

  74. Octavian Vasilescu

    Octavian Vasilescu

    پیش 5 روز

    This could mean that, if you have money in stocks, you might see huge gains on paper that will actually mean that you are conserving your value. If shares stay at the same value but there are more dollars, the price of these assets in dollars will rise. So basically if you hold cash you are screwed but if you have real estate or stocks or other assets you will be fine. I guess I am screwed...

  75. Toma Kavonius

    Toma Kavonius

    پیش 5 روز

    I used to listen to Peter Schiff from 2005 onwards. He has been warning about an imminent hyperinflation over 15 years now. I read his book Crash proof, which came out in 2007 and it made a lot of sense, until I found out how money actually is created (Money creation in modern economy by Bank of England). Since most of the money supply is created by banks when they give out loans, Schiff's take on it is wrong. I found out that Prof. Steve Keen understands the debt aspect of money much better and he has actual empiric evidence of its effects on economy.

  76. lombardo141

    lombardo141

    پیش 5 روز

    Anytime I hear the Congress say we are spending too much money I should show them this. 😂. No excuses

  77. Ryan

    Ryan

    پیش 5 روز

    In the immortal words of Admiral Ackbar "it's a trap!"

  78. Jason Harmon

    Jason Harmon

    پیش 5 روز

    The squeamish linda comprehensively harm because skirt latterly beg vice a unusual lemonade. terrific, perfect scissors

  79. Chris Ledger

    Chris Ledger

    پیش 5 روز

    This would never happen in America because we aren't dependant on foreign goods. We will always have bread, milk and meat up until we become divided. We have oranges polar bears and alligators and rainforests and deserts and plains and mountains snow deserts. We will never fail unless we devide against each other.

  80. ocelot.

    ocelot.

    پیش 5 روز

    Anyone find it concerning now with covid and stimulus money, how we reward people who don’t save with stimulus money, while f-king people who are responsible and saved money pre covid?

  81. Abhilash Dixit

    Abhilash Dixit

    پیش 5 روز

    Aren't central banks (who print money) independent from the government

  82. Douglas Rowland

    Douglas Rowland

    پیش 5 روز

    Because they are CONTROLLING THE NARRATIVE !

  83. Vassil Topouzanov

    Vassil Topouzanov

    پیش 5 روز

    although i disagree with schifty on crypto, he is absolutely right in his criticism of modern monetary lala land. Economy should be based on sound money, backed by austrian economics and, i don't know, correlation between sound money and prosperity throughout history. We've been blinded by the education system and the fact that our reality is knowing only this poison pill of spending.........

  84. Will Swanson

    Will Swanson

    پیش 5 روز

    Another counter argument is how production is measured. How services are measured, sure we have less people working but increasing production level due to efficiencies with tech and production.

  85. Colby Hill

    Colby Hill

    پیش 5 روز

    Answer: the pandemic is basically a dam thats holding the inflation rn.

  86. Hjuryfhuk Hjugdstjj

    Hjuryfhuk Hjugdstjj

    پیش 5 روز

    I JUST PAID $7.00 FOR A WATERMELON

  87. Nikita Mysakov

    Nikita Mysakov

    پیش 5 روز

    BRRRRRRRT

  88. Andy z

    Andy z

    پیش 5 روز

    What is left out of this video is the role of DEBT. The US is a debt based economy with extremely high amount of debt in the system- credit cards, corporate debt, car loans, housing, student debt, etc. In our debt based economy, the money that enters the system must outpace the amount of debt created. That is not happening. In fact the opposite is happening. ***Dollars get destroyed (deflation) when debt is payed down. The amount of dollars entering the system would have to be magnitudes larger than the debt serviced in order for inflation to even begin. That is why we don't see hyperinflation or inflation.

  89. Chemist2013

    Chemist2013

    پیش 5 روز

    USD is the strongest weapon of US so don’t worry they will do everything to keep it out of inflation, otherwise it’s similar of a massive disarmament and golden path for Chinese supremacy.

  90. Mattheus de koning

    Mattheus de koning

    پیش 5 روز

    Will this inflation also hit other countries, or mostly the US?

  91. Thomas

    Thomas

    پیش 5 روز

    Can’t have hyperinflation when you just ‘won’ a controversial election, that would look bad. Don’t worry, it’s coming, just not right now.

  92. Pyrrhic

    Pyrrhic

    پیش 5 روز

    A big reason why the Fed keeps expanding money supply is because of their retarded dual mandate. Their mandate of price stablity and full employment. Both contradictory and honestly, monetary policy doesn't impact jobs. It manipulates asset prices. So Congress needs to scrap that full employment mandate. But that would never happen, Congress (who is in charge of fiscal policy) should be the one task to support full employment.

  93. Maykel Sach

    Maykel Sach

    پیش 5 روز

    So america is controlling people by just printing money that's why only american corps are getting richer than even than a whole country while every other country is with a slow economy. Soon other countries will retaliate and fuck the sanctions like Russia and china are not being happy about it usa controlling or trying to say who does something or what other country is allowed to do WWIII IS AROUND THE CORNER.

  94. Flynn

    Flynn

    پیش 5 روز

    Although this video is just an ad it has made me very much afraid of the near future

  95. Ho Lee Fuk

    Ho Lee Fuk

    پیش 5 روز

    20:40 wait if you're saying that everybody is gonna consume goods and services without producing anything where would the goods and services come from? The majority of Americans are still productive and helping to produce goods. I'm going to have to agree with MMT economists the gist of the Austrian School's argument is just "Gubment gon point gunz at me."

  96. Elly Harder

    Elly Harder

    پیش 5 روز

    Quantitative easing might be going on. The economy was kind of crashing because of COVID and so much money was injected just to increase spending and businesses needed that money since there was no spending happening so prices were kept low to incentivize purchases.

  97. Damaged Provider Module

    Damaged Provider Module

    پیش 5 روز

    They could give each American enough to get through the pandemic, but then people would realize that money is worthless. It's not any worse than allowing banks to create money via debt. Fractional reserve banking is just as fd up as anything else.

  98. Nadim Fetaih

    Nadim Fetaih

    پیش 6 روز

    Yeah, you don't understand the current economic climate at all. Money isn't being "printed". This is the common narrative used by right wing pundits in the hoped to stop helping people who have been most hit by the pandemic/lockdown (I.e. the poor). This money you're talking about isn't going to people - this is why there's no inflation. Starting during the great recession, a failed economic theory originating from Japan was implemented in most of the developed world - Quantitative Easing. Tens of trillions have been created and pushed through QE around the world since, never achieving the goal of 2% inflation in the US in 13 years. The reason is because they are buying junk stock from Banks and Corporate Bonds - who then, in turn, hoard the cash or push dividents/buybacks. This is a very well reported reaction. The reason inflation isn't happening is because the money has stayed with banks, the ultra rich, and corporations who have made historic profits off the misery of others. Inflation requires that the money "printed" is in circulation which has NOT happened. This narrative you're pushing is often used as a way to demonize those in need for requesting help during a global pandemic because they aren't privileged enough to have a job that can be done at home. This is an illegitimate argument. If you don't know economics, if you're not digging into the weeds of economic policy. Then don't say anything. You're part of the problem.

  99. The Scrambler

    The Scrambler

    پیش 6 روز

    INVEST IN SPIFFCOIN

  100. Bob Man

    Bob Man

    پیش 6 روز

    Didnt they print 2 trillion for the bank bail out

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