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Inflation is caused by the government printing more money then it has. Why dont they just print million dollar checks and hand them out to everyone? Cuz they would be worthless. There is no wealth to back it up.
You are describing supply and demand. When demand is high and supply is low prices rise or are inflated.
Inflation is the devaluing of currency. If I have 1000.00 but I am in debt 10,000.00 what is that 1000 worth?
Supply is not low. There are ships waiting offshore with china crap. We are not energy independent any more.
Both are caused by politics.
And then they print trillions of worthless dollars to devalue our dollars.
And you think that having us drive less and buying less will end inflation?
C'mon on man!!
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