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If the economy has N banknotes, and the total value of assets available on the market is X, then one banknote corresponds to X/N asset value. When the economy contracts, however, due to governmental restrictions such as lockdowns shutting businesses down and slowing down the recovery, then the total value of available assets drops sharply, so now one banknote corresponds to Y/N asset value, where Y < X. Furthermore, with the printing press working hard, the number of banknotes available increases, so now you have M > N banknotes, and in the expression for the value of one banknote, Y/M, the numerator is smaller, and the denominator is bigger than before. So one banknote becomes less valuable, and conversely one requires more banknotes in order to purchase the same asset value.
The only thing to blame here is mathematics.
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The following contains facts which may upset leftists.
Snopes got caught LYING AGAIN last week in its propaganda agenda for Biden when it said he was wearing a hardhat correctly, when he obviously had it on backward. See
Snopes admits Biden wore construction hard hat backwards in 'fact check' reversal
Let's address the lie that Trump made the US vulnerable with no pandemic team. I ask you to look at ReutersPartly false claim: Trump fired entire pandemic response team in 2018
Now Trump did fire the head of the pandemic team, when he combined that team with 2 other directorates due to overlap and the similar nature of work being done. To make some claim that the US did not respond to the pandemic or that the members of that team were not working on the issue is a lie. I hope you will repent of that implied falsehood.I hope you will acknowledge that Snopes 'fact check' omitted Significant details. Regarding inflation, within 4 months of passing Biden's so-called inflation reduction act, the trillion dollar bill, inflation spiked. Spending, printing, and borrowing trillions of dollars, as Biden did contributed heavily to Bidenflation. The surge of government money devalued the dollar.
See
Biden Blames Businesses for Inflation, but His Own Numbers Refute Him
From the Associated Press
AP FACT CHECK: Biden skirts blame on inflation
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In the simplest term expantion.causes inflation.
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Inflation is simply reduction of value of currency as a consequence of increase of its supply or reduction of its demand.
I disagree currencies are not all tied to a volume of debt and type of debt it can cover. A Federal Reserve Note is connected to all debt as a legal tender. The cause of a loss of value for a nation has a great deal to do with how it can hold its justice’s system. There are two ways to describe expansion natural and forced.
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I don't think they are talking about cosmic inflation.
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Inflation is inflation; cosmic or economic; rises in costs can be margin related re-action..
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How do you evaluate proper inflation with improper inflation?
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Probably all those people sucking donald trumps D-etrimental campaign.
Whats causing inflation?
Alot of things to sophisticated to list them. I can name a few however.
-You can attribute inflation to issues in the middle east where pirates attack shipping containers. The delay or lost of goods cause markets back home to compete for prices raising them temporarily.
-When you have a federal state of emergency funding a state for a national emergency. This brings a bulk of products to one area and shorthands other areas causing prices to rise shortly.
-If you look back into the later years you will see how the price of lets say an employees minimum wage an employer pays has gradually increased. It used to be what 3 dollars minimum wage. We are at 17 i believe. This increase is attributed to federal debt and US currency, security bonds, and the stock market. The more debt, the higher coat of living. Without inflation there wouldnt be progress sort of say.
-Insurance companies who are packing up and not doing business in states like california. This can cause inflation by leaving the construction market susceptible to a decrease in work and purchase of building materials. This will also cause people to pay out of pocket expenses and demand government benefit applicants to rise while they mandate new laws. You dont build the industry loses profits from projected sales and leads them to raise prices for everybody to compensate the annual losses.
But with everything into effect i see no reason why any economy as solid as the United States would have any problems shrugging itnoff and balancing itself from cause and effect.
Prices will only rise higher. I remember a mchicken used to be a dollar and seven cents. Now its at 3.14. Fast food chains offering combos used to be below 5 dollars. Now, a combo is no less than 10 bucks going up 20. Thats crazy lol. Rather buy myself a steak.
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The fact Snopes printed an article claiming Biden was wearing the hard hat correctly, when everyone could tell he wasn't, was an obvious break down in 'fact checking' that fell face first into propaganda for their preferred side. I don't care when Tucker Carlson says something good about Trump, I know he is partisan. He doesn't claim to be otherwise. Snopes on the other hand pretends to be independent but is not.
Trump did not leave the US without people in place to address the pandemic. That claim is indeed false. Trump appears to have been right about it coming from Wuhan, which the leftist media mislead us about. Also, Trump moved mountains of red tape to get a COVID vaccine out in the US as quickly as he did. Anyone with any knowledge about the life cycle of new drugs and vaccines will tell so. In fact, before Trump left office in January 2021, the vaccine was already being distributed.
Hey, I noticed that you have been upping your debating skills. Great job.
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I know what you mean but your got to put it in to context though. Where I work we knock off thousands of chickens and all our stuff goes to places like KFC and Mcdonalds. Years ago in reel terms chicken was very expensive but now we have lots of automated systems and the farmers bread them more efficiently. So actually you should count your self lucky because other wise your nuggets would be a heck of a lot more expensive.
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Hey Chicken Plucker, according to the New York Post:
McDonald’s insane new prices chart supersized toll of Bidenomics
As CBS reported:
Photo of Connecticut McDonald's $18 Big Mac meal sparks debate online
And Yahoo Finance reported inFast Food Prices Have Risen 6.2% in 2023 — Here’s How Much More a McDonald’s Big Mac Now Costs
America just can't afford more of Bidenomics.  Considerate: 100%  
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