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by kneebonian
1115 days ago
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Inflation is happening because of the continued printing of currency and an absolute refusal by all parts of the power structure to do anything that would decrease the amount of USD in circulation because it is politically unpopular. And their not going to, the best thing you can do is park your wealth in assets which will continue to appreciate. Not even big things necessarily, instead of renting things like Rototillers or carpet scrubbers just buy the dang things. |
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Money supply is currently falling [1]. Inflation is more complicated than more money higher prices.
[1] https://www.reuters.com/markets/funds/us-money-supply-fallin...