Andrew Yang |
As 13-week annualized money supply flirts with a 30% growth rate, Yang is concerned about deflation and apparently wants to have the Fed print more money as if that instead of production is the solution.
#SavedForFutureRefernceAnyone worried about inflation right now doesn’t understand what’s at stake - it’s literally the fate of millions and avoiding a new Great Depression. If anything we will be under tremendous deflationary pressure for quite some time - what would you spend more money on right now?— Andrew Yang🧢🇺🇸 (@AndrewYang) May 14, 2020
-RW
The thing is that there are not enough jobs for everyone.
ReplyDeleteI am literally seeing today job postings that went up 15 and 16 hours ago saying they are no long taking applications because so many people have already applied.