Corinne Nita
1 min readJul 14, 2021

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Sadly, the Fed Reserve and government only "print" money to fund banks and corporations. The financial market is horribly inflated and of course, housing as well, but the food, oil, ect. inflaton we're seeing now is Cost-Push: demand for goods but low supply. Lack of labor and supplies have disrupted the supply chains while demand for goods has picked up. There's also the lovely monopolies controlling the price of goods. Climate change on food prices is a huge topic. It deserves a lot more attention than I can give right now, but hyperinflation from creating money is a disproved myth.

There are many reasons for inflation, but money creation isn't one of them. I agree MMT is what the corporate state falls back on. The US has been in a deficit for most of its existence - how else would it fund imperialism and twenty year wars!?

Economics is a social science, but we haven't had the 'social' part since the New Deal. We need a government working for us, and we need to demand it.

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Corinne Nita
Corinne Nita

Written by Corinne Nita

We need the social with the science to call it economics.

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