Now apply this mentality to the run-away inflation, which is nothing more than opportunistic greedflation.
(media.kotakuinaction2.win)
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Don't give me this shit that Inflation is just greedy capitalists. Take your communist gobledy-gook somewhere else.
Inflation is theft of my purchasing power. Inflation is only EVER caused by one and only one entity: the US congress.
Trump's lying out his ass to get Walmart to tell China that they can't raise prices on American consumers, which causes China to tell Walmart that there isn't another option. As a result; Walmart has to change their supplier to Vietnam, Bangladesh, Japan, Korea, Indonesia, or the Philippines.
You must have missed the year of 1913 in history class, the year that the Federal Reserve was created. It's the Fed, not Congress, which causes all inflation, because they're the ones that print money. We've lost over 99% of the value of the U.S. dollar since 1913.
First of all, they don't teach any of that in history class.
Secondly, the Federal Reserve doesn't make money, Congress does. Congress spending more than what it's budget can pay for requires the Federal Reserve to print money. The Federal Reserve can't print money on it's own, it has to get approval from Congress to do so.
It's not a private bank, it's a government bank with private bank participation.
Don't 1 and 5 contradict one another? I mean it sounds like borrowers can create inflation, in our current f'ed up system.