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Rep. Byron Donalds may not get as much press as some other Republican politicians, but he’s an impressive figure who deserves to be heard. That was on display on Thursday during a House hearing centering on the country’s economic woes.-
[redstate.com]

SpikeTalon 10 Sep 23
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If Donalds was not an open Trump supporter in the past, he's on the list kept by the DOJ now. Expect the FBI/Gestapo to raid him soon.

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Entirely right. The war in Ukraine doesn't cause inflation but they like to blame it on that. Climate change doesn't cause inflation but they will blame it on that. A pandemic doesn't cause inflation but they will blame it on that. Either they have no understanding of economics or they are lying. They know the public is unaware of what inflation is because they never taught them it in school. Even Economists are not taught correct economic theory. They deal in macroeconomics and econometrics. These are Socialistic type economic theories and out of that ignorance springs even more crap in the name of Modern Monetary Theory or MMT.

There is only one cause of inflation and that is, too much money circulating in an economy and too few goods to purchase. Those other things politicians like to blame for inflation and affect prices are due to variables in supply and demand. Decrease supply, maintain demand and price goes up for that product.
Increase supply, maintain demand and price goes down for that product. The price varies when an increase or decrease in demand occurs and the supply is maintained. Note only the product(s) where there is a change in supply and demand does the price change. The definition of inflation includes "a rise in the general price level". Only one thing will do that and that is an increase in the money circulating in an economy. A good common to the production of all goods may raise the price of a lot of goods and I'm thinking of gas and oil for transportation but can be adjusted by increasing or decreasing the supply.

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