Post by TheyHODL
Money printing raises prices by placing unearned buying pressure on businesses, which react with an auction process that finds the highest tolerable price given new and sudden demand.
This entire process recursively influences prices as base goods and services are bid up, causing the costs of higher order goods and services to go up in turn.
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The money printing that’s already occurred, stuffed into fixed income, will bleed into the auction process as inflation continues even as they pretend they are not printing.
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