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Not sure what is going on here...but don't get a warm and fuzzy feeling about it.

Not sure what is going on here...but don't get a warm and fuzzy feeling about it. | Quiet inflation has been with us for a while. (When was the last time you bought a true 1/2 gal. of ice cream, or had a candy bar fill the tray?); The fed has been monetizing our debt since Obama. So why NOW has inflation become a lead story? The press's job any more is to cover for Joe, so what's up? | image tagged in memes,shut up and take my money fry,economics,biased media,inflation | made w/ Imgflip meme maker
873 views 14 upvotes Made by RAK13 4 years ago in politics
2 Comments
0 ups, 4y
You know right?
The move to a crypto-currency I suggest. They have proposed use of a crypto with a fixed value and limited supply. Now, Hmmm what would that be of all the cryptocurrencies you know?
The central banks of the world are responsible for all boom and bust cycles mainly through supply and contraction of money supply. The more money out there the more money moves around and the goods and services can be freely bought and sold. When they reduce the supply people can't or don't buy larger items but also reduce their purchase of the more everyday things. the low interest rates give way to increasing rates and this further stops transactions. Generally the more money available has led to inflation and this is usually a happy time for bankers. Anyways enough for here.
And no nothing warm and fuzzy about what they are going to attempt to do.
0 ups, 4y
Mmmmm candy bar.
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    Quiet inflation has been with us for a while. (When was the last time you bought a true 1/2 gal. of ice cream, or had a candy bar fill the tray?); The fed has been monetizing our debt since Obama. So why NOW has inflation become a lead story? The press's job any more is to cover for Joe, so what's up?