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Tag: Inflation
Pelosi attempt to spin narrative that government spending is not causing inflation, but rather reducing national debt
In an attempt to cleanse themselves of the effects of massive debt accumulation – which would be higher prices – democrats including House Speaker Nancy Pelosi and President Biden himself have been parroting a new narrative that government spending does not cause higher prices; i.e. inflation. Going off of traditional economic definitions, inflation is the…
How Prices Can Decline During an Inflationary Period
The words inflation and deflation are often synonymous for price increases and decreases. However, this is not always the case as prices can actually decrease during inflationary periods and prices can increase during deflationary periods. In order to understand these concepts it is first important to have a pure definition of these terms. As it…