1093
I feel the actual inflation
(lemmy.world)
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this post was submitted on 10 Aug 2023
1093 points (86.8% liked)
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100%. I don’t know why anyone expected anything different - we’ve been printing and printing and printing money for the last 10 years. Chickens are home, roosting.
This particular theory is far too prevalent. Corporate executives are tugging themselves silly at the sight of people blaming the government instead of the people who paid them.
That's fucking moronic.... The US government has had that money printer running since Nixon... It's just garbage all around regardless.. even though they are and have been some slightly less garbage parts
Look at the Feds balance sheet (or the ECBs balance sheet) over time and then tell me that again.
It's amazing it worked for as long as it did, actually.