Why we can’t just have 0% inflation
Full Video: https://youtu.be/Zs78JnRqYsQ
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This is such a fallacy. We have high inflation due to too much money in the system. To control that you need a currency with something valuable to back it. Right now our money isn’t valuable because there is so much of it so prices rise the more the govt prints. This is a dangerous conversation
yes, the guy didn’t answer the question right; at least not in this part of the video!
“Very high wage growth” … like the wage growth we’ve had that hasn’t even kept up with inflation… 😂
no, not a good answer!
Waffler
Oh, I get it, it’s the worker’s fault, it couldn’t be corporate greed, that never happens. Get out of my face I think Milton Friedman is calling you.