Quote:
Originally Posted by OUGrad05
Deficits generally don't matter though.
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IF govt spending is paid by printing money it is inflationary...look at the money supply from 2020 (COVID)...that plus the supply chain issues will lead to increasing inflation.
https://tradingeconomics.com/united-...ry%20of%201961.
Anyway, my point was that Ukraine is part of the auto supply chain that is impacted, plus we have record money printed since 2020