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Saying “well, Trump is gonna print money too, so he is no better than Kamala” in the context of inflation is left curve thinking.

You have to look at both inflationary and deflationary pressures. Either candidate will expand the money supply (inflationary pressure), but Trump will lower energy cost and reduce regulations (deflationary pressures).

Trump can pump bitcoin with money printing, and lower the cost of consumer goods at the same time.

Don’t be a martyr (op)

Be a winner

Heiner 1y ago

Prices going down due to other factors than a shrinking money supply is not "deflation".

Look, decent houses used to cost 200-500US$ in the 1790s. That the prices STILL havent come down implies a shit currency. Any real currency, prices go down unless your economy is shit AND you have no technological advancements.

Trump had like 100% inflation in a single month when he printed those stimulus checks while giving out forgivable loans.

You are now starting to see the rising prices due to that, not fully but its starting.

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Discussion

Heiner 1y ago

Wether hes "better" or not is not my concern, just the arguments are quite bad. The arguments of leftists are, too, if i believed he would get rid of democracy as they claim i would support him a whole lot more.

DRE 1y ago

You completely missed the point.

Also, of course you can have deflation (in the colloquial sense) without the money supply shrinking.