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TEB2048 / Pleb34
npub13j8…ppfu
2024-08-13 01:58:32
in reply to nevent1q…f7g3

TEB2048 on Nostr: Exactly. The LAG allows Trump to blame Biden, but most of the of inflation under ...

Exactly. The LAG allows Trump to blame Biden, but most of the of inflation under Biden was caused by Fed monetization while Trump was President.

However, monetary inflation does NOT cause general price increases IF growth in GDP is equal to or more than the monetary inflation.
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