Inflation and the Cost of Living Crisis
Oct 18, 2024What’s really driving inflation: rising costs, speculation, or how banks create money? Beyond prices, are we measuring what matters?
Econ: “GDP tells us little about how well we’re really living. Sure, inflation’s a problem, but are we even measuring what matters?”
Guy: “Good point. Also, prices are skyrocketing, but what’s actually driving inflation? Is it just supply and demand, or something deeper?”
Old Prince: “Interesting. What if it’s the way banks create money that’s inflating prices? Credit is being created, but it’s going into speculation, not into building the real economy.”
Guy: “So, inflation isn’t just about rising costs, it’s about where the money’s flowing? Maybe we need to seek the truth, not just accept the headlines.”
What’s really driving inflation? Are we missing the bigger picture by focusing only on prices?
