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Trickflation
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cross-posted from: https://lemmy.ml/post/27121839
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this post was submitted on 13 Mar 2025
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Weird what happens when 40% of the currency was printed in the last few years.
Are we blaming the government who control interest rates, gamify the CPI to depress inflation, and who control the corresponding new money supply that drives up the price of basic goods?
If housing, gold, and crypto are any indication people have far too much money than they know what to do with. You'd have to be a fool to not accumulate some cantillon effect for yourself when you're government is throwing money away.