Inflation is caused by the "printing" of new dollars out of nothing to increase government spending without concomitant increases in tax revenue. More dollars chasing the same amount of goods. Inflation is a form of taxation, not whatever crap you wrote.

The U.S. government doesn't "print money out of nothing" and never has. To finance deficit spending it issues bonds, which continue to be in high demand worldwide despite very low yields, a sign that our national finances are still basically healthy (at least relative to most other countries). But yes, taxes and interest rates both should be raised for a variety of reasons.

Yes, the US government issues bonds which are bought by the Federal Reserve by creating money out of nothing.

@6 That's funny, because I feed the ducks every morning. But, you know, you have a million dollars but everyone else has a million dollars, so the diminishing marginal utility of an additional dollar is very low.

Good God... A another new and exciting ....Mudede-nomics course.

Meanwhile, in the real world, we all understand that inflation is a monetary phenonium.... ergo, the inflation is a result of too much money pumped into the system with extremely low productivity.... say as a result of the government's wasteful policies during covid.

Lots of money divided by low productivity = Inflation ... and this time on a grade scale.

A stock buy back isn't inflationary... in fact, it simply is the company deciding where the most efficient use of excess cash should be deployed.

The company tries to maximize shareholder wealth... for those say who have their retirement funds in a 401K which invests in companies....

Stay tuned.... I suspect Mudede will attempt to explain why interest rates rise and a recession kicks in.

@8 ...

@6 & @4 appear to be Mudede's best students. You are wasting your time trying to educate these dolts. .

I was just laughing about @4 ... issuing bonds isn't issuing money. God what an idiot this one it.

The cold hard reality is that inflation by 2022 year end will be 3 percent.

All that doom and gloom will be .. nothing.

They just want to scare you, and after they select the replacements in the legislatures (House Senate Gov etc) they will act all surprised when inflation is actually lower.

Fear makes you vote for Authoritarians

Dicks Burgers, 19 cents. March 29,30 and 31.

is the Citizenry here
merely to be Farmed?

WE the Peeps subsidize Big oil
to the tune of HUNDRED$ of
BILLIONS of Dollars every yr

and they Continue to act like
Monopolies: let's Claw Back
some of their Obscene
Windfall Profits:
SEVEN $$ per
GALLON
in Cali!

and either give it Back to those now
unable to Afford their commute (or
eat; not both) or dump it back into
un-Corporate (those Sans Souls)
things not benefitting the Warfare
Industrial Complex etc. too
damm much to ask? I for
one Do Not Think so.