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a bad summary from a coffee shop chat #1

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MichaelDimmitt opened this issue Jun 3, 2022 · 0 comments

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MichaelDimmitt commented Jun 3, 2022

crash course on inflation

banks lending money - https://voxeu.org/article/banks-do-not-create-money-out-thin-air#:~:text=Since%20modern%20money%20is%20simply,it%20creates%20a%20new%20loan.
the government printing money
the government taxing more to retire money
raising interest rates
more people go to work
treasury bonds
stagflation
supply and demand curve. - increase more chick-fila and then you do not need to increase chicken costs

pose these questions

eveyone deserves a home
everyone deserves to not go hungry
everyone deserves to have energy
everyone deserves to have wifi
everyone deserves to have a kid
everyone deserves to have a career
everyone deserves to have a job (not a career)

if everyone deserves to not go hungry we need supply of chick fila sandwiches to match population numbers.

MichaelDimmitt changed the title ~~summary from a coffee shop chat~~ a bad summary from a coffee shop chat

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