Liberal Logic on Inflated Prices

146 views • 15 upvotes • Made by Magnuson 1 day ago in politics

4 Comments

HarveyHolmes
1 up, 18h
Government can indeed control markets. Example: Covid lockdowns. Over Taxation. Stock market manipulation. Devaluing the dollar. Regulating common goods. Picking and legislating corporate winners and losers. Wasteful government spends like Green New Deal. Sending monies to dictators and disrupting the flow of commerces.
The_Lone_Haranguer
0 ups, <1h
low rated comment (click to show)
ParadiseLost
0 ups, 1d, 1 reply
Magnuson
2 ups, 1d
Printing billions to give to Ukraine was inflationary. It's also known as too much money chasing too few goods.

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LIBERAL LOGIC: TRUMP CAN'T BRING DOWN INFLATED PRICES; BUT JOE BIDEN (WHO CAUSED THEM) AND/OR KAMALA HARRIS (WHO SPENT 1.6 BILLION DOWN TO 20 MILLION IN DEBT) COULD HAVE. (AND THESE PEOPLE ARE SUPPOSEDLY SMART.)