Hyper Inflation

[Cannon Shell]

Originally Posted by hi_im_god

where do you see evidence of inflation, much less hyper inflation?

i see prices falling and people losing jobs.

Quick economic lesson.
Govt spends money it doesnt have.
Prints more money to cover.
More money in circulation means dollar worth less.
Dollar is worth less means must use more to buy items.
so prices go up in regards to needing more dollars to buy.
hence you have inflation.

Of course you will counter with some obscure reference but the fact remains that the US imports lots of things and many of those products will still be cheaper being imported with inflation that created here due to high corporate taxation and unions.

But of course you knew that and supported the new "stimlus" package anyway. You know the one with the huge concessions to big labor and punishments for corporations....