- Joined
- Sep 14, 2004
- Professional Status
- Certified Residential Appraiser
- State
- California
Free (as if anything is) COVID money contributed to inflation only because the feds borrowed money from the Treasury by selling bonds and expanding the money supply with newly minted dollars chasing demand with little supply. Works every time it's tried, Keynesian brillance meets Modern Monetary Theory for an epic crash and burn.Nothing's free except subsidies to Soy farmers.
Free Covid money contributed to inflation.
