You may have an acctg. degree, but you don't know squat about - Economics

Posted: Dec 27th, 2017 - 11:57 am In Reply to: Just a few - thoughts on this

"I wonder if you do realize with the tax cuts, stock market rising at ridiculous rates will be a short-term thing and eventually this will cause super-sized inflation"

Negative.

You should read a basic Economics book (perhaps high school level) before spouting off.

1. The Money Supply

Inflation is primarily caused by an increase in the money supply that outpaces economic growth.

https://www.moneycrashers.com/what-is-inflation-definition-causes-inflation-rate/

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        Just for the record, I have - run a business (Views: 399, 2017-12-26, 3:09 pm)
        Logic - Logic (Views: 584, 2017-12-26, 3:14 pm)
        I actually did - but you wouldn't understand (Views: 442, 2017-12-26, 3:26 pm)
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        You're lamely trying to dodge the issue. - Logic (Views: 401, 2017-12-26, 9:19 pm)
        No, you are the one who lamely turned my - original comment into (Views: 443, 2017-12-26, 11:52 pm)
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        What you wrote makes no - Sense (Views: 397, 2017-12-27, 12:34 pm)
        I'll clarify - sm (Views: 450, 2017-12-28, 1:05 am)
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        I guess we'll have to wait and see, - Huh? (Views: 459, 2017-12-27, 10:47 pm)
        You were wrong. Can't concede a - Point (Views: 388, 2017-12-28, 12:02 pm)