Submitted by PleaseThinkFirst t3_10hyvis in technology
albert768 t1_j5fyel5 wrote
Reply to comment by underwear11 in What High Tech and Media Layoffs Say About the Economy by PleaseThinkFirst
That is false.
Inflation is the growth of the money supply in excess of the growth in the supply of products and services. 100% of the inflation is driven by the government and government only. Last I checked, only the government can print money or deficit spend into oblivion (releasing money into the market without producing anything).
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