Steve Hanke, professor of applied economics at Johns Hopkins University, says “one reason for that is the fact that the money supply has been contracting on a year-over-year basis by 4% in the United States.”
Steve Hanke, professor of applied economics at Johns Hopkins University, says “one reason for that is the fact that the money supply has been contracting on a year-over-year basis by 4% in the United States.”
Define how you exact extreme externalities that artificialize both massive demographic internal migration, and the probably permanent contraction and almost closing down of some cities and states … in terms of ‘money’ ?
These are multipolar *policies* with the ‘unintention’ of generating inflation through both privilege and deprivation.
It’s *engineering,* not credit.
Worse still, now you’ve built in a base of *embedded inflation,* where the bar for the cost to just *live* in your world is so much higher. That’s not ‘transitory’, nor a story’s end.
Getting the few poodles behind the gates, and all the mutts out in the gutter, is as best as could describe such a plan.