Comments by "Greg Greg" (@SlowhandGreg) on "Fareed Zakaria: History warns us about troubles brought by inflation" video.

@bad444 stimulus has nothing to do with world wide inflation The. Clue is in the worldwide bit. Supply chains will take years to recover if at all the pandemic has tought us shorten the supply chain control your destiny is
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@rider3859 Trump and republicans would have been worse you'd have had a squeeze on spending resulting in a high unemployment and zero gdp growth Oh wait trump already did That millions unemployed and - 4% gdp
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@rider3859 the general economy is ticking over OK we have worldwide inflation due to ecessive consolidation and shipping costs trebelling Corporate profits are at record highs and the GOP refuses to tax them
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@rider3859 unemployment is at a record low and the Orange idiot that tried to steal an election and make himself president for life is busy doing the cry baby tour Granted Abbot and DeSantis are trying to resurct Authoritarian rule but people will get sick of it after a while
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I've read Freidman and studied economics, the issue is how much does his theroeis hold in a globalised market and a pandemic The more you look at this with record corporate profits the more the finger points to reversing the corporate tax cuts, in fact the super rich billionaires doubled their net worth these last 2 years yet they appear to contribute virtually nothing to overall government coffers. I agree there needs to be a rate rise and an end to quantative easing but tax needs sorting out as well
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@JoshAndBooze its assumption didn't involve a pandemic and a word wide on demand supply chain that semi collapsed and Trillions locked up in the wealth of super rich Billionaires. Anyway the tapering needs to go happen quicker.
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@JoshAndBooze if you expand the money base and it all circulates round the economy without growing said economy you'd expect inflation. The top 10% own 70% of US wealth their net worth has Increased enormously how much of that are they spending extra if any? The bottom half spend every cent they have. Just saying
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