Five myths about inflation

Students for Liberty

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Around the world, many countries, including the United States, are seeing inflation rates rise higher than we’ve seen in a generation. Yet there are a number of myths going around about inflation that many people believe.

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Some of these myths about inflation are particularly convenient for governments, who get to excuse their own behavior and put the blame elsewhere. Inflation is fundamentally a monetary phenomenon. From 1980 to 2020, the annual growth in the money supply stood at less than 6 percent. But since 2020, this rate has tripled.

LIBERTATIO

Because Freedom Unites

As the government has been running out of lenders, the Federal Reserve has been financing federal deficits by printing money. It is worth noting that the federal debt has risen by $7 trillion...

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