Inflation is definitely something we should be worried about and I have no doubt the massive injections of cash into the economy are part of why we're seeing a rise. That said spending on infrastructure has the least affect on inflation since that will both maintain and add to overall productivity. Also if we're so concerned about inflation a massive tax cut during an expansion adds to inflationary pressures.
Infrastructure spending is one of the least inflationary measures money can be spent on. That said Infrastructure spending /= Infrastructure bills. Look for communities that are taking on massive debt to improve actual Infrastructure.
hey dummy, your guy trump couldn’t do it (infrastructure). Your mindless criticism of Biden is getting you nowhere but dumber.
Bwu-bu-but Biden didn't promise how beautiful his plan was. Obviously this big Biden budget breaking bill is bigly badly ugly. Most hateful to a degree only brainwashed libruhls would love!!!!
This is true. Biden needs to promote his infrastructure plan as THE SUPER GREATEST PLAN EVER IN THE HISTORY OF EARTH!!!
increase in money supply destroys purchasing power of cash savings doesn't matter what they spend the printed money on get your savings out of melting dollars and into rock hard bitcoin
https://bbs.clutchfans.net/threads/maga-president-trump-proposes-massive-tax-regulatory-cuts.280097/ Commodore: Massive Tax Cuts! Boom times again! Youre such a ****ing tool.
Stupid question. As related to inflationary pressure, what's the difference between simply "printing" money (or flipping an electronic switch to increase money supply) vs borrowing money to pay for these infrastructure projects?
Commodore doesn't understand macroeconomics for the education of Commodore, increased productivity lowers input cost / accelerates GDP growth, the antithesis of inflationary pressure
The .gov doesn't print/create money. The Fed does. When the Fed prints money, someone needs to borrow it.
actually, the Treasury Dept prints money, not the Fed the Fed controls the money supply by setting the Fed discount rate open-market purchases (such as QE) or sales of Treasury note
further evidence that Commodore doesn't understand. , again, the Treasury Dept prints money, not the Fed but the Fed controls the amount of money in circulation Fed Chair Powell said we create money digitally by buying treasury notes from commercial banks. who then have more money to transact in the case of QE. lots more money, via this open market transaction by the Fed, gets to put in circulation. without having the Treasury Dept to print the money
again, you are corroborating my observation that you don't understand the difference between the Treasury Dept printing money and the Fed increasing the money supply in circulation
so says one who false-equivacates Treasury Dept printing money (which negligibly, if at all, affects the money supply) and open market transactions by the Fed, which directly impacts the money supply
Yes it does matter what they’re sending money on. If it improves long term productivity that reduces inflationary pressure. This is a lesson we’ve know. Since the Great Depression.
