Uriel238 [all pronouns]@lemmy.blahaj.zone to 196@lemmy.blahaj.zone · 1 month agoIs it?lemmy.blahaj.zoneimagemessage-square35linkfedilinkarrow-up1325arrow-down18
arrow-up1317arrow-down1imageIs it?lemmy.blahaj.zoneUriel238 [all pronouns]@lemmy.blahaj.zone to 196@lemmy.blahaj.zone · 1 month agomessage-square35linkfedilink
minus-squarekillingspark@feddit.orglinkfedilinkEnglisharrow-up1·1 month agoWell, yeah, but because they don’t want to increase monetary supply to keep inflation in check they need to tax you to fund their programs
minus-squarealcoholicorn@lemmy.mllinkfedilinkarrow-up2·1 month agoThey do increase the monetary supply though, in 2008 it was .9 trillion, in 2020 it was 6.4T, and now it’s 5.6T. Turns out inflation doesn’t quite work the way most economics courses teach. That may be related to the way billionaires fund a lot of university’s economics departments.
minus-squarekillingspark@feddit.orglinkfedilinkEnglisharrow-up1·1 month agoI didn’t say they aren’t increasing it at all, just that they aren’t doing it for all their needs.
Well, yeah, but because they don’t want to increase monetary supply to keep inflation in check they need to tax you to fund their programs
They do increase the monetary supply though, in 2008 it was .9 trillion, in 2020 it was 6.4T, and now it’s 5.6T.
Turns out inflation doesn’t quite work the way most economics courses teach. That may be related to the way billionaires fund a lot of university’s economics departments.
I didn’t say they aren’t increasing it at all, just that they aren’t doing it for all their needs.