Why Nostr? What is Njump?
2024-08-16 13:14:42

Samson on Nostr: Higher prices (inflation) are caused by government spending. Because in order to ...

Higher prices (inflation) are caused by government spending. Because in order to spend governments have to print more money. When you have more money in the system chasing fewer goods. The price rises.

PRICE CONTROLS WILL NOT SOLVE THIS!!

This is literally what the communists did and caused mass starvation when applied to food.

The only solution is cut government spending. Reduce regulations on food production so we have more food. Lastly, workers negotiating for higher wages.

#inflation #foodshortage
Author Public Key
npub10t28s0ahcq4evnclcy3var57z56xtxxc0jm95suf7av5mu9jhlcqzjlk70