Train Wreck

When has that EVER worked? If spending puts value into the economy, which it often does, the LAST thing you want to do is cut it.

The current inflation numbers are facts. Printing money causes inflation. Please do some research. https://www.youtube.com/watch?v=1HmGLV46L60

This isn't a printing money issue. The inflation rate is measured by comparing prices from 12 months ago; this makes sense under normal circumstances, but these are not normal circumstances - can you think of anything that might have happened 12 months ago that might have caused a price crash across the board?

I believe the video explained that. It specifically mentioned the Coronavirus. I'm not sure you saw the entire video.

Why would I? You watched it and had no idea how to respond to my point - what makes you think I'd get more information out of it than you did?

You are correct. I have no idea how to respond to your point because I'm not sure what your point is.

The inflation rate is measured by comparing prices from 12 months ago; this makes sense under normal circumstances, but these are not normal circumstances - there was an unusual price crash 12 months ago. This has nothing to do with printing money. This is to do with the fact that the price of oil was actually negative for the only time in history.

Would you like me to type more slowly for you?

That is only partially true. Of course, higher demand has an effect, but printing money has made it worse. There is a coming housing bubble similar to 2008. Prices for food and housing are going up. Trump printed too much money. Biden is printing even more. The crash is coming. Leadership in this country seems to get worse with every election.

Money is not just 'printed' nor is the issuing of it determined by the President.
Dollars do not enter circulation without the sale of U.S. Treasury Securities to monetize them, and its value is determined in the markets like a commodity, that is, what people think it's worth purchasing for. Goverment stability, economic strength, and interest rates affect what people think the value of a currency should be.

A selloff of houses last year due to people losing their jobs en masse fostered a buyer's market which led many to invest in real estate as activity in other sectors dwindled due to the pandemic last year. Likewise a glut in fuel and food production lead to a correction which in turn lead to the shortages we see now and thus the prices rising.

Couldn't have said it better myself. Thank you.

It was a bit clunky and missing bits, but thanks.

“Inflation is caused by shortage. Think of everything that is made with plastic and what a shortage of oil does.”
Inflation is caused by too many dollars chasing to few goods.
Ask any real economist and he/she/them/they/him/her will tell you the same. And there is no real shortage of oil( all you gotta do is drill for it)but there is a shortage of refineries to turn that oil into gasoline. And since there is a great demand for gasoline, the price is going up.
Now, let the hate, lies, and misrepresentation begin!!!

Selling bonds and buying instruments for quantitative easing is pretty much printing money. Raising taxes is another option, but money and people tends to move when taxes are raised. I am sure we will all be surprised by the future. Hope for the best and prepare for the worst.

Quantitative Easing is basically the Social Security Administration buying Treasuries, which has made them their biggest buyer. A bit hokey, but rather brilliant too, the US gov't owning its own debt.

Again, every dollar that enters circulation is bought before it can be released.

That money people say we owe China? That isn't someone from the Federela Reserve sitting in a bank there hitting up a loan officer for a trillion or three. It's them buying the dollar via U.S. Treasury Securities because it's the safest currency in the world and their (manipulated) Yuan is tied to it. Being artificially deflated, it isn't worth a whole lot outside of China, so not the best bet to keep the country's savings in.

Taxes have to be raised and spending has to be cut, as our Fiat Currency is basically a pyramid scheme which won't ride forever.

Unease over Trump has caused EU countries - collectively the biggest foreign purchasers of U.S. Treasury Securities - to become net sellers of it since 2017 for the first time. Even before people have been looking for another currency (like the Euro) to replace the Dollar in world trade, something it functioning as the Petro Dollar has solidified - for now, anyways.

Hey, how did all your economic theories on inflation work out? You can type as slow as you like.

It's fine, it's still y'all overblowing it

Saw your graph. So you are agreeing with me? Inflation is caused by printing money?

Inflation is caused by shortage. Think of everything that is made with plastic and what a shortage of oil does.

Not sure who y'all is. Is it still being overblown? Inflation is at 9 percent, the highest since the 1970s. Keep on printing and spending money?

Goodness, what's your point?
Do you require the Chair of the Fed to make an appointment with you every 5 months to explain it to you?

The homework is so you will know that increasing the money supply is one of the causes of inflation. It is not the only cause, but clearly, it is a major cause that can't be ignored. The US has increased the money supply to record levels which is one reason we have record inflation. Do you still deny this?

Yes. How could inflation be global from the US printing currency locally? That's nonsense.

The Ukraine was a major exporter of oil - as was Russia - and on top of that, a major exporter of grain for countries around the world. Shortage causes inflation. And that DOES explain the global scale of the problem.

I'll give you some homework. Weimar Republic, Venezuela, Zimbabwe, Turkey, US 1970s, What causes hyperinflation? We study history so we don't make the same mistakes over and over again.

WE'RE NOT IN HYPERINFLATION!!! 9% is not hyperinflation. We're not walking around buying loaves of bread with $20,000 bills which will be worthless tomorrow. Don't be such a drama queen.