Post
by boethius » Fri Dec 09, 2016 11:34 am
Inflation doesn't bother me in the US so long as we have factories pumping out tons of shit and farms that feed all of us.
Inflation isn't about creating money per se.
Inflation is when you create money and nothing else...no farms, no factories, no distribution network, no nothing.
Inflation is when you bomb the fuck out of Germany in WW1, destroy its entire industrial base, and then print money.
Inflation is when you have a corrupt warlord take over Zimbabwe, kill the few productive people in the country, and then print money.
You don't get inflation when we have so much shit in the US that there is about the same square footage devoted to self-storage as to office space simply because we print half a year's GDP.
Still got my foreskin thanks for asking. - Montegriffo.