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To: Rockingham
Oh, good! An expert in Keynesian Economics!

https://www.investopedia.com/terms/k/keynesianeconomics.asp

Perhaps you can reflect on the Fed printing an additional FOUR TRILLION DOLLARS of fiat money in the last two months without any corresponding increase in goods available to buy with that money. Please consider the following in your reply.

Hyperinflation: Its Causes and Effects With Examples

https://www.thebalance.com/what-is-hyperinflation-definition-causes-and-examples-3306097
52 posted on 07/23/2020 2:32:47 PM PDT by Grandpa Drudge (Just an old man, desperate to preserve our great country for my grandchildren.)
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To: Grandpa Drudge
The Fed and Treasury create new money and sell debt not just for the domestic economy but also to meet international demand. The demand for dollars soared in the last year due to the coronavirus pandemic as banks and investors dumped other trade and reserve currencies for dollars.

As bad as US public finances are, other developed nation economies are in worse shape with higher levels of indebtedness. If hyperinflation is in the offing, they will suffer it first, with the dollar actually benefitting.

53 posted on 07/23/2020 8:52:04 PM PDT by Rockingham
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