this post was submitted on 05 Apr 2024
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Inflation, price gouging is the boogeyman they use to pretend someone else is doing it.
Sure you don't have that backwards. Deliberate steps are being taken to push inflation down.
I am sure. I can teach you have this works if you truly are curious, but I am not going to argue if you dont understand. The Fed only creates inflation, at best they can create less inflation.
Please educate me.
In the US, the money is created via the federal revserve and it is done by loaning out money, the only reason inflation rate decreases is that they raise the interest rate so people want less money, so they loan out less money. That money is paid back to the fed, but new money has been made. If you are still interested, I can tell you how this takes away wealth from the poor and middle class.