Inflation is the increase in the supply of money and credit. Below is the explanation of why prices rise!
Reduce the supply (close the Keystone Pipeline – Joe Biden’s first act as “President”) of oil, and the price goes up.
Reduce the supply (cancel all on and off shore Federal Oil leases) now completed by Biden.
Regulations that prevent any new refineries of oil. (No new refineries in 50 years – none on the drawing boards, and soon – next year – one refinery in Houston being forced to close)
Excise taxes on gas and diesel fuel. Someone has to pay it, and it’s a cost of doing business which means truckers and railroads will have to pass it on or go out of business.
The above is reducing supply while demand is high – prices go up – it’s the law of economics, but Democrats don’t recognize law especially natural law.
Printing new money when production does not increase and demand does not decrease.
Increasing credit so people can buy more while supplies remain the same, which puts them in to debt to the bankers and drives up prices.
Rising interest rates increase the cost of money and therefore everything in the economic system.
The central bank (Federal Reserve) prints money and increases credit and interest rates without any meaningful Congressional oversight – they are a private banking cabal.
Congressional spending. The government can outbid us all for products and services, and they want to give everyone a “free lunch”, but what happens – they drive up the price of money, because nobody can compete with them.
Regulations. It is estimated that regulations cost Americans per capita $13,000! That means that a husband and a wife are spending $26,000 per year for businesses that supply them with food, gas, medical care etc. nearly 50% of their combined incomes. Regulatory agencies include, but are not limited to the following: FDA, FEC, FCC, SEC, FTC, FDIC and more HERE.
Taxes. Taxes are a fee that is added to the cost of goods and services. Corporations do not pay taxes – people do. If a company is charged a tax, they pass that cost on in the price of their product, so they are basically becoming a taxing agent for the I.R.S.
This is a list of the major causes of prices rising.
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