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Old Posted Jan 4, 2025, 7:17 PM
GreaterMontréal's Avatar
GreaterMontréal GreaterMontréal is offline
 
Join Date: Dec 2013
Posts: 4,628
Quote:
Originally Posted by Build.It View Post
Were you not around in 2020-2022 when the government did MMT and we got massive inflation as a result?

If you give people money, they work less. If they work less then fewer products and services come to market.

If you have fewer products and services on the market, and more money, what do you get?
The inflation was not created because they gave people free money. The inflation was caused because the supply chain stopped suddenly and people had money to buy things all at the same time. This resulted in a rarity in almost everything.
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