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seneca983
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Comments by "seneca983" (@seneca983) on "Will INFLATION and INTEREST RATES Go Up More?" video.
"When talking about inflation, why doesn’t anybody ever talk about the excessive money printing which devalues your purchasing power? They always love to talk around it with bullshit terms like “cost pull inflation”, which is essentially the same thing without actually admitting it is and focusing on real solutions like… oh I don’t know… cutting spending?" You're right in that the Fed probably printed too much money during the pandemic and that's probably partly to blame for the current situation. However, the Fed has already tightened it's policy so that's less relevant now. When it comes to cutting spending, I don't think we should expect that to reduce inflation. When the government spends money, it doesn't print it. All the money it spends has previously been taken off the market through either taxation or borrowing. Therefore spending doesn't push more money to the market in the net (unlike stimulus by the central bank) and thus there isn't a reason to expect spending cuts to have a big impact on inflation.
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Prices don't have to go down for inflation to go down. It's enough that the rate of price increases is reduced.
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Hyperinflation is unlikely. The current levels are still far from it and central banks have tightened their monetary policies.
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"Tell USA to adopt Unified Payment Interface of India. It will put a brake on the rampant money printing addiction of the fed" Those things have nothing to do with each other.
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Hyperinflation is unlikely.
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