Government Spending is not THE cause of inflation

"Government Spending"

is not THE ONLY or exclusive

cause of inflation

 

The conservative "egghead" EXTREMIST would have you believe the economics of Adam Smith's unknowable "invisible hand" says government spending CAUSES all inflation.

 

FDR's deficit SOCIALIST government spending with the New Deal, spurred growth in the exit from the "great depression" (1933-1939), defeated Hitler in WWII (1940-1945) and created the biggest middle-class economic boom (1945-1970) in human history -- all via deficit socialist GOVERNMENT SPENDING!!!!

 

Know that the free-market "invisible hand" of Adam Smith and Milton Friedman[1] was never to be based on 50 years of an internationally maintained core-commodity corrupt OPEC-like cartel.

 

OPEC's prices have been driving UP inflation in the developed world for 50+ years.

 

The Green New Deal defeats inflation, OPEC, Putin, WAR PROFITEERS (Exxon, Chevron, BP Oil[2]), Radical Islam, stabilizes the economy and SAVES THE PLANET!

 

Inflation is more emotional than fiscal.  The EMOTIONALISM of the "banking crash" 1929 could have been averted as it was in 2008, if the Fed had infused capital.

 

OPEC has been EMOTIONALLY instigating and/or driving inflation in the developed world for 50+ years.  OPEC raises the price of a barrel of gas that trickles down to our gas pumps in days if not seconds.  Everyone from the head of a household to the largest of businesses is forced to raise their prices to compensate.  We all KNOW "peak oil" is unavoidable

 

Now OPEC may cut their initial increase back some, if not to ZERO.  But once that increase gets INCORPORATED it is almost impossible to extract.  The "invisible hand" of GREED and fear of "peak oil" are emotional,  irresistible and unavoidable.  The hand of Government spending has had virtually nothing to do with OPEC's inflation for 50+years. 

 

You want to stabilize the economy, defeat OPEC, Putin, Radical Islam and SAVE THE PLANET from global warming – WE NEED THE DEFICIT GOVERNMENT SPENDING of the Green New Deal!!!!!

 

The GREEN New Deal BEYOND anything economic the Green New Deal SAVES the PLANET!!!  The GREEN New Deal… The GREEN New Deal… The GREEN New Deal… The GREEN New Deal… The GREEN New Deal…

 

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[1] Milton Friedman’s Nobel Prize was awarded in 1976, 3 years into the 50 years subsequent OPEC economic INFLATIONARY chaos.

[2] Coal and Big Oil's price-fixing, anti-trust abuses and POLLUTION have been hiding behind OPEC price fixing and manipulation for 50 years.

Joe Biden’s Green New Deal defeats inflation, OPEC, Putin, Radical Islam, stabilizes the economy and SAVES THE PLANET! https://dgjeep.blogspot.com/2022/09/government-spending-is-not-cause-of.html