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Thread: Government payouts as inflation starters...?

  1. #1

    Government payouts as inflation starters...?

    Saw it in Creature From Jekyll Island. Author contends that the abundance of entitlements themselves will cause inflation.

    What do YOU think?



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  3. #2
    They do. Entitlements drive deficits, which in turn drive borrowing; the legitimate market for US debt having long been saturated, this in turn has driven purchases of T-bills by the central bank, which is known as "monetization" - AKA money printing. Money printing drives up the money supply without producing a corresponding increase in purchasable goods, and that results in inflation.

  4. #3
    So are they lying about the inflation rate?

  5. #4



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