gentoobro on Nostr: Adding money to the money supply creates inflation. Unless you are using people as ...

Adding money to the money supply creates inflation. Unless you are using people as currency (banned in the 1860's), 3rd world migrants don't create inflation. They might cause an increase in prices due to increased demand, but that's not inflation, and their total upward pressure on prices is small compared to the financial shenanigans the government is doing.

Yes, everyone wants to blame the migrants. Yes, the migrants are bad. But don't get distracted from the real cause of the inflation: the Fed.