Milton Friedman debunks every single myth on inflation being pushed in the media right now.
💯
pic.twitter.com/lrfyLK3ID9— Elon Musk (@elonmusk) October 10, 2024
Posted by Orangutan
Milton Friedman debunks every single myth on inflation being pushed in the media right now.
💯
pic.twitter.com/lrfyLK3ID9— Elon Musk (@elonmusk) October 10, 2024
Posted by Orangutan
3 Comments
Trying to understand inflation. More about printing endless money than anything else supposedly.
Nothing here I haven’t said numerous times.
Simple macro economics.
Value of currency is based off of the total currency in circulation… scarcity.
The more of said currency in circulation, the less the value of each dollar is.
The more available, the less valuable. Very simple supply and demand.