The amount of any payments — an idea that Trump said was still under consideration — would depend on figures from DOGE, which has had some of its savings claims debunked.
The US and Europe printed trillions during covid, and that barely caused a blip in inflation. Inflation only came after supply chains shock and the war. Like do some basic research, if I’m so obviously wrong it will be very easy to see…:
I still remember 2020 and 2022, it’s not that long ago. So Covid started to hit the US in spring 2020. And take a look at inflation rates:
Yeah, it took some time, but you really can’t deny that there was “barely a blip in inflation” and that it came only after the war started.
As I said, the initial inflation was caused by supply chains shock. Many countries had lockdowns. Like China, who produces the majority of everything anyone purchases around the world. Then when the lockdowns ended there was a shortage of shipping containers.
Inflation is caused when money is printed and sits in financialized investment. If it’s used to increase productivity it causes the opposite.
China has been running massive deficits (printing money like crazy) for over a decade and they have very consistent and low inflation.
I still remember 2020 and 2022, it’s not that long ago. So Covid started to hit the US in spring 2020. And take a look at inflation rates:
Yeah, it took some time, but you really can’t deny that there was “barely a blip in inflation” and that it came only after the war started.
As I said, the initial inflation was caused by supply chains shock. Many countries had lockdowns. Like China, who produces the majority of everything anyone purchases around the world. Then when the lockdowns ended there was a shortage of shipping containers.
Inflation is caused when money is printed and sits in financialized investment. If it’s used to increase productivity it causes the opposite.
China has been running massive deficits (printing money like crazy) for over a decade and they have very consistent and low inflation.
Nah see, it only causes inflation when we help Americans with their student loans, or raise unemployment benefits and other social programs.
But when we bail out banks with hundreds of billions of dollars it doesn’t cause inflation at all…