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Trump's Tariffs = Depression
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Deere6
Posted 12/3/2024 20:57 (#10994442 - in reply to #10994180)
Subject: Your example is not inflation


SE IL
If it was did we have deflation to get back to $4 corn? Inflation is when all other things are equal but it “cost more” because the currency is worth less. All things were not equal, supply and demand changed. similar to the 08-12 run up but we didn’t see inflation anywhere near the level of the last few years.
Printing more dollars makes them worth less, but it’s how the government can spend money it doesn’t have.
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