Yakuda
Verified User
Yeah you
Someone is panicked!
- Thread starter Jarod
- Start date
You fell for it, AGAIN.
Yakuda
Verified User
That you're panicked? No thats true
You got one right. Sort of. Rising prices due to goods shortages causes inflation, so any central banker would know that inflation should be fought right now.
Ichabod Stain
Was it me?
no.
still wrong.
you're still being a lying central bankers cocksmoker.
inflation is ONLY due to currency creation.
if it's prices rising for a different reason it's prices rising for a different reason.
Ichabod Stain
Was it me?
^^^^fucking compulsive liar shill dicksmoker.
Rising prices causes current consumption to cost less than future consumption, which means borrowing money makes more sense. Borrowing money creates money.
Did you think only the government creates money?
Besides, you are wrong. One of the main causes of inflation is velocity of money. If a dollar is not spent at all during a year(it is buried in a backyard so to speak), it is created, but contributes nothing to inflation. If a dollar is spent(and respent) a hundred times in a year, it causes $100 worth of inflation.
Rising prices causes the velocity of money to increase as people try to spend it before it loses more value compared to goods and services.
Inflation causes inflation, but also any rising prices causes inflation.