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michael
More Perfect Union
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Comments by "michael" (@michaeld4861) on "Inflation Explained: The REAL Reason Prices Are Going Up | The Class Room Ep. 2" video.
The existence of more money does not in itself cause inflation. Example: If I printed 10 trillion dollars and kept it all to myself or pumped it into some investment like the stock market or gold then that money is not actually in circulation and therefore has no ability to drive up prices of unrelated things.
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You must have missed the part about record margins. That's a non-debatable fact for you. Supply chain price increases are temporary and even if they weren't there still the record margins.... you don't get increased/record margins without increasing prices beyond what your cost of production are.
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You can if that money goes straight to the top 1% and never trickles down. Only money that actually circulates can cause inflation. If Jeff Bezos gets another trillion dollars from the government that won't cause inflation cause it just sits at the top. Example: If I was allowed to print money and printed 100 trillion dollars and put all of that money into gold bars it would not cause inflation. It would inflate the price of gold of course but not anything else, even though I printed 100 trillion dollars. Now, if I used that money to buy goods and services and those people who got paid did the same and on and on, then it could lead to inflation.
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