alt Hacker NewsThey haven’t allowed a recession to happen since ~2009 when they massively inflated their way out of the worst of the last one. Learned to have the cake and eat it too.
The only problem is after a few rounds of this the currency becomes worthless, and we’re well on our way. Inflation is a major component of those numbers rising.
Replies
LogicFailsMe • yesterday at 8:57 PM
And that's when we pay off the national debt for pennies on the worthless dollar. The pro move would be to stop lending the US money, but that's not going to happen.
➕ show 1 reply
GDP growth is adjusted for inflation. If you are seeing GDP growth then the population is getting richer (as a bloc).