#1
At work we got notified by one of our suppliers of an impending price hike. Our reaction is to put a big order together ASAP, and buy that stuff for all the jobs we have and most of the jobs we hope to get.
Inflation accelerates spending.
#2
People say printing money causes inflation. But that's informal. Really, it isn't the printing that causes inflation. It's the spending.
Spending causes inflation.
#3
Spending causes inflation, and inflation accelerates spending.
That's why sometimes inflation becomes hyperinflation. It wants to be a self-reinforcing feedback loop.
At work we got notified by one of our suppliers of an impending price hike. Our reaction is to put a big order together ASAP, and buy that stuff for all the jobs we have and most of the jobs we hope to get.
Inflation accelerates spending.
#2
People say printing money causes inflation. But that's informal. Really, it isn't the printing that causes inflation. It's the spending.
Spending causes inflation.
#3
Spending causes inflation, and inflation accelerates spending.
That's why sometimes inflation becomes hyperinflation. It wants to be a self-reinforcing feedback loop.
No comments:
Post a Comment
The spam filter's been acting up again lately. I'm aware, and checking it often.
Oh, what fun they must have with this at Blogger!