Inflation is caused by too little capacity

Not too much money.

The classic WPA image of Black out-of-work people standing in a breadline in front of a billboard depicting a white family in a luxury car, captioned ‘World’s Highest Standard of Living…There’s no way like the American Way.’ The billboard’s image has been replaced with a picture of ruined, abandoned factories.

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Writer, blogger, activist. Blog: https://pluralistic.net; Mailing list: https://pluralistic.net/plura-list; Mastodon: @pluralistic@mamot.fr

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