this post was submitted on 01 Oct 2023
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Go and check what the money printers are doing and then decide if you think one major grocer is causing inflation. Maybe they impacted it but it wasn't caused by them.
Inflation is a feature, not a bug.
Money printing = inflation is an outdated economic model. It's all about value created vs purchasing power.
You can brr the printers all night but none of that's going to make a difference if it's all sitting harmlessly in a swiss bank account.
I personally think wealthy billionaires love inflation because more people go into debt and they get more money