Do the American mass media report that the inflation is caused by the dollar printing?

Linkey October 27, 2024 at 14:13 625 views 1 comments
As far as I understand, Trump blames the Dems for causing high inflation in the US, but does not explain why this is happening; according to Trump, dollar inflation is some kind of evil spirit that he will exorcise. My question is, do any US media outlets (maybe CNN or Fox News) mention that the inflation is caused by printing the money, and the only way to overcome inflation is to raise the taxes?

Comments (1)

Vera Mont November 01, 2024 at 12:26 #943534
Inflation is caused by a number of interacting factors, money supply being only one of them. Your understanding of it is at least as solid as Trump's. Anyway, he does want to raise taxes on poor people who shop at Walmart, by imposing high tariffs on goods imported from China. Then raise the price of food by deporting the low-paid migrant workers who harvest and pack most of it. Of course, both of those measures will increase inflation, but closing the schools will put a whole new generation of cheap labour on the market. Eliminating Medicare will cover the huge tax breaks for his rich donors. Musk won't have to peddle his sperm to make ends meet.