WHY IS INFLATION A TAX? — PART 1

Citizen Tom

What Happened ToProductivity? should be a weird and unusual post, but we have such a lousy education system that it isn’t. Therefore, Lobotero can end his post with this absurdity.

Lots of excuses of why this is……excuses does not help the situation…..many blame the output of the workers….why? Workers only produce what they are told to produce…..

I still think that some sort of price controls would help me and my fellow Americans that are struggling with the situation these days.

https://lobotero.com/2022/07/13/what-happened-to-productivity/

We are supposed fix inflation with price controls? Workers only produce what they are told to produce? How can lobotero be serious? lobotero doesn’t understand basic economics; he apparently has no idea what causes inflation. Because our government educates us so poorly, most of us don’t even understand why our currency has value. So, here begins an explanation.

What Is Inflation?

Why is our money worth anything? We…

View original post 911 more words

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