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Thread: It's not inflation (because no one printed more money), it's pent-up demand

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    Default It's not inflation (because no one printed more money), it's pent-up demand

    I see Anatta is on one of his lying tears again, this time about another subject he knows nothing about but still runs his mouth regardless.

    We aren't experiencing hyperinflation or anything like that; what we are seeing is a year of pent-up demand being released on weakened supply chains, and THAT is causing prices to go up.

    Supply and demand, not inflation.

    Take oil for instance...Conservatives like Anatta, who know better, pretend as if ambiguous inflation is what caused the price of gas to double in the last year, when the actual reason for the price of gas doubling is because OPEC cut their production during the pandemic to maintain the global price, and now that most people are emerging from the pandemic, the demand for fuel has increased. But the supply hasn't increased to match it, and won't until OPEC ends the cuts by September 2022:

    OPEC and allies target full end to oil production cuts by September 2022, increase supply limits as prices climb
    https://www.cnbc.com/2021/07/18/opec...mber-2022.html

    Anatta and thugs like him prey on the misinformed and stupid, which is why Anatta and thugs like him ban people from their threads.

    They want their propaganda to go unchallenged.

    Also, the pandemic is all Anatta and Trump's fault because they were downplaying COVID, offering quack cures, lying about natural immunity, and just generally doing everything to prolong the pandemic for no other reason than to usurp victimhood when they're the victimizers who are spreading a deadly disease around. And lying about it.
    When I die, turn me into a brick and use me to cave in the skull of a fascist


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    Fucking idiot, so why are the Fed issuing trillions of bonds?

  3. The Following User Says Thank You to cancel2 2022 For This Post:

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