Yesterday John Paul was testifying in front of the Congress and he was saying that inflation is a psychological phenomena. Basically, that people who expect inflation cause inflation now Milton Friedman was alive he would slap that mother lover up to Timbuktu because that's a bunch of horseshit. Look, here's what's the reality: Inflation is a monetary phenomena. You print too much money.
There's too much money in the system. Inflation happens. People have too much money competing for too little. Goods You cause inflation shortages.
Don't help. Logistical Supply Chains issues don't help, but it has nothing to do with psychology. I Don't pay with psychology I Love you.
By Stock Chat
where the coffee is hot and so is the chat
Political elite love to blame the masses for everything. Easiest way to get us to fight amongst ourselves.
😂
Phenomenon
My company is taking their prices up to “adjust” to inflation. Doesn’t this also contribute to inflation? Lol
I you think prices will rise, you buy more stuff in advance!
This is just a thesis statement so far. Needs to be supported with facts.
It is very psychological if you are not poor.
But it IS psychology. People expect prices to keep going up, so they rather spend money now, which causes inflation to spiral out of control. It's really hard to stop inflation once this belief sets in.
Even the Feds are playing the pronoun game🤣🤣. So inflation goes by psychological. No he is a syco.
Haha nice the Fed dude doesn’t have a clue. Gives me hope he can navigate our way to better days. Thanks as always Tommy Nash
That’s a gaslight, such old fools.