Another company took advantage of inflation and now regrets it

Originally posted by: CharlesII

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As to the Inflation Reduction Act causing inflation, it certainly did not relieve the inflation we experienced under Biden.   It was cynically renamed Inflation Reduction Act from the Build Back Better program at the last minute to make voters think the government was there to help.  It's just another 1.2 trillion dollar spending boondoggle that will further devalue our currency if we continue to borrow to pay for misplaced priorities ripe with waste fraud and abuse..  Now.  Off my soap box.  

 

 

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Originally posted by: CharlesII

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But I'll leave you with a few words of wisdom from one of Americas most brilliant economists who helped to revolutionize thinking about the root causes of Inflation and especially the Fed's role in the Great Depression.

 

“Inflation is always and everywhere a monetary phenomenon, in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.” 

 

 

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Originally posted by: David Miller

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    Some????  Did you just wake up from a 4 year nap?

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Originally posted by: MaxFlavor

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Shush, the grownups are talking.

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Originally posted by: David Miller

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  The noise coming from you sounds like farting....

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Originally posted by: MaxFlavor

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Hahaha, wow thanks for supporting my insult directed at you. That is classic!

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Originally posted by: Mark

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I guess that long post I did last week explaining that decrasing demand is the only thing that can lower prices must have did some good. He was clueless that demand had anything to do with prices prior to that.

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