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I just figured out the problem

I just figured out the problem | The nuber one cause of inflation is Government taxation and regulation | image tagged in memes,change my mind,inflation | made w/ Imgflip meme maker
481 views 29 upvotes Made by FlameWar 2 years ago in politics
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5 Comments
3 ups, 2y,
1 reply
In this case yes.
0 ups, 1y
I guess regulatory and compliance costs, also add to the final price tag.

Minimum wage laws, when you have to pay people $25 for a job you deem to be worth only $5. That has to be added to the price of a burger. Carbon taxes, on building cooling heating lights food storage cooking, that has to be added to the the price of that grocery store chicken.
3 ups, 2y,
2 replies
Incorrect; inflation is caused by increasing the money supply. i.e. printing money.

Inflation does not change the daily caloric intake you require. It does not increase or decrease crop yields. Inflation does not change the fuel efficiency of your car. Inflation simply changes what you have to pay, for the exact amount, of the exact same thing, you bought yesterday or last week.

You are correct in pointing out that inflation is wholly and solely a creation of government.
3 ups, 2y
Hello, I like money | THE GOVERNMENT | image tagged in hello i like money | made w/ Imgflip meme maker
2 ups, 2y
I was thinking about e-cigarettes, for instance. A few years back, when there were fewer regulations, I could order on-line, have it delivered to my residence. On-line retailers had a better selection of items at a reasonable price. I would buy at local stores only in an "emergency." Now, there have been additional taxes, surcharges and shipping restrictions put in place. That makes on-line shopping more expensive and now residential shipping is completely blocked in my State. Local stores can now keep prices high because they no longer have on-line competition. When I go into a local store, I feel like I have to take what they've got, which is not necessarily what I really want.
I realize e-cigs is a "vice" product and might not be the best example but how many other products have supply and demand manipulated by govt taxation and red tape?
A lot, I bet
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The nuber one cause of inflation is Government taxation and regulation