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Chainfire

(17,757 posts)
3. I am certainly not an economist
Fri Mar 27, 2020, 07:04 AM
Mar 2020

Here is the opinion of a plumber:

If you flood a market with anything, oil, apples or dollars, the value of the item goes down. The government is printing money like there is no tomorrow. When the value of the almighty dollar goes down, it takes more of it to buy a product. That is inflation.





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I'm not an economist, but heard anecdotally that some home lenders think flibbitygiblets Mar 2020 #1
Mahalo mahina Mar 2020 #4
TIPS market suggest inflation exboyfil Mar 2020 #2
Wish I understood that but I'll try. mahina Mar 2020 #5
I am certainly not an economist Chainfire Mar 2020 #3
Thank you. mahina Mar 2020 #6
Message auto-removed Name removed Jun 2020 #7
Post removed Post removed Aug 2022 #8
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