RE: Do Not Buy Into Inflationism
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This is so freakin good especially since just the other day I was starting to dig into inflation and trying to better understand it. Everyone's running around screaming inflation but I haven't really seen it happen besides on some products but that's really just supply/demand at the moment which will cycle out here in about a year or less.
I tend to like to look into stuff more and get the details and facts instead of just jumping on board with what other people are screaming. More times than not it's the opposite of what they are yelling lol
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Alarmists are rarely right.
Inflation is an interesting subject because so many mix it up completely. The simply fact is an expanding population with increasing wants and needs requires inflation. More money is required for investment, growth, and innovation. So while people are screaming about inflation, they are doing so on computers and other innovation that were produced by innovation, research, and entrepreneurship.
Where do they think the money came from?
The technological angle is as big a part of the equation as the economic these days. Of course, this is something that is vastly overlooked.
But I do have one question for you: if massive money printing leads to huge inflation, explain Japan. They have been printing for decades in a question to push things up and they cant. It still keeps collapsing.
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