> The U.S. federal price tag for the post-9/11 wars is over $8 trillion.
Probably explains a lot of the inflation we have seen recently. Gotta pay for it somehow, one way is to make each dollar worth less. It's a stealth tax increase.
Probably explains a lot of the inflation we have seen recently. Gotta pay for it somehow, one way is to make each dollar worth less. It's a stealth tax increase.
What changed with the "free" money handouts is that the price point that market can bear increased resulting in higher profit margins than before. Supply limitations and shortages played a part as well as increased cash and hence demand from people.
As this excess savings and money dries out, the equilibrium price point will move the profit margins back to long term averages although it is a slow process.