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Inflation caused by money printing, not "greed"
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"A politician will do almost anything to keep their job, even become a patriot" - Hearst
If there is a glut of timber, the market price will fall as it clears the excess (relatively speaking) inventory. Same for beef or oil or anything else.
When there is a glut of new money, the market clears it in exactly the same way: by lower its price, that is, by devaluing the money. This has nothing to do with anyone's "greed" or lack thereof. It's simply the market clearing an excess and it is as inevitable as the sunrise. Each new batch of hot cash dumped into the market by the central bank will be cleared in exactly the same way, *ad nauseum*. Even the communists couldn't figure out how to stop price-inflation, no matter how many party "traitors" they lined up and shot...
Jer. 11:18-20. "The Kingdom of God has come upon you." -- Matthew 12:28
The two are not only not mutually exclusive, but rather causally linked.
Greed is a vice which spurs on the call for money printing.
"When Sombart says: "Capitalism is born from the money-loan", I should like to add to this: Capitalism actually exists only in the money-loan;" - Theodor Fritsch
"Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
"Beware the Military-Industrial-Financial-Pharma-Corporate-Internet-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
"Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
"Totally free immigration? I've never taken that position. I believe in national sovereignty." - Ron Paul
Proponent of real science.
The views and opinions expressed here are solely my own, and do not represent this forum or any other entities or persons.
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