• hexthismess [he/him, comrade/them]
    hexbear
    7
    edit-2
    8 months ago

    The government giving out money to people so that they could stay housed/fed did not cause record inflation. The capitalists massively hiked prices, then said that inflation made them do it. They then declared record profits afterwards. Capitalists scooped up all that money with ease. They then did their little song and dance of, "We're all in this together. We're just widdle beans trying to survive like you."

    If the government doing stuff for people over a 2 year period causes massive amounts of inflation, wouldn't decades of handouts to capitalists cause record hyper-inflation? Inflation doesn't happen because the government does stuff. Inflation happens because capitalists will pounce on any opportunity to eek more money out of you, then blame you for having too much money.