You actually justified my use of the word always in your entire post. An increase in the money supply is what makes fiat currency. When the money supply increases, that does not mean that goods and services automatically increase. It does mean that more people have more money and they compete for a present amount or anticipated amount of goods and services, driving up prices and devaluing the dollars purchasing power. Hence cryptos, gold, the rush to hard assets, etc..Agree with everything except your all caps word. Inflation is usually, but not always, preceded by an increase in the money supply.
You can get inflation just from a decline in the size of the economy. Think contracting empires with fiat currency. Same money supply, but fewer places which accept it.
Severe price shocks to key imported goods can cause inflation, too. The price shock itself starts inflation. Then the government has to decide whether to make the recession worse or make the inflation worse.
Woe woe woe woe, unto they that call evil good, and good evil; that put darkness for light, and light for darkness; that put bitter for sweet, and sweet for bitter!...Aaron Rodgers can’t have an opinion on his health, he isn’t a doctor. Anyways, now we go to Big Bird who has a special message for you on vaccines.
...we've lost our everloving minds!
... I've had many, but a couple of the most significant:Sure. Not all of them recent, but-
-Cloth masks are significantly less effective than medical.
-Public NPI strategies are less effective than they seem. Even if they have a tremendous impact outside the home, the net impact is less because the inside the home transmissibility stays the same.
-The restrictions on outdoor activity went way too far, and may have actually increased transmission.
-Overall we were way too hard on kids and way too easy on adults.
-At some point, give up on the expensive NPI. The cost is the same, but you’ve already infected so many people there isn’t much benefit left to be had.
How about you?
The lack of balance and unashamed - even celebrated - advocacy and gaslighting in the media is a primary driver of extremism....one of the only constant and non-changing beliefs, is how pathetic the media was before the pandemic, and continues to be equally if not more pathetic to this day.
You forgot race which would also be interesting to see.Rankings of states for covid deaths per capita, after adjusting for age.
It does not adjust for variant, SES, or population density.
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States Ranked by Age-Adjusted COVID Deaths
Cumulative age-adjusted COVID deaths per capita by state, updated weekly. The Pacific Northwest, Hawaii, and Upper New England have fewer COVID deaths.www.bioinformaticscro.com
Florida and Arizona ends up looking better, but Texas ends up looking a lot worse. #2, between MS and AL.
"Alex, I'll take; 'You lost your job for 500'...hang in there folks, the hardest part of "15 days to slow the spread" is probably the first 600 days.
..."Alex, I'll take; 'You're Being Played' for 1000"
That is a very peculiar definition of fiat currency: an increase to money supply.You actually justified my use of the word always in your entire post. An increase in the money supply is what makes fiat currency. When the money supply increases, that does not mean that goods and services automatically increase. It does mean that more people have more money and they compete for a present amount or anticipated amount of goods and services, driving up prices and devaluing the dollars purchasing power. Hence cryptos, gold, the rush to hard assets, etc..
More evidence of the upside down, backwards world we live in....Aaron Rodgers can’t have an opinion on his health, he isn’t a doctor. Anyways, now we go to Big Bird who has a special message for you on vaccines.
...we've lost our everloving minds!
You're not alone in your lack of understanding of money. The masses, you included, don't understand that Fiat money is a government-issued currency that is not backed by a commodity such as gold. Fiat money gives central banks greater control over the economy because they can control how much money is printed. Most modern paper currencies, such as the U.S. dollar, are fiat currencies.That is a very peculiar definition of fiat currency: an increase to money supply.
By your definition, Spain's 17th century gold coinage was a fiat currency, because money supply increased.
Conversely, the completely unbacked 1981 US dollar was not a fiat currency, because money supply shrank.
I take it you learned your economics from a YouTube channel?
1 | Mississippi | 347 | 355 |
2 | Texas | 261 | 312 |
3 | Alabama | 315 | 310 |
4 | Oklahoma | 288 | 295 |
5 | Louisiana | 282 | 293 |
6 | Tennessee | 283 | 286 |
7 | New Jersey | 295 | 284 |
7 | New York | 299 | 284 |
9 | Arkansas | 284 | 275 |
9 | Nevada | 260 | 275 |
11 | Georgia | 240 | 274 |
12 | District of Columbia | 226 | 267 |
13 | South Carolina | 263 | 256 |
13 | North Dakota | 267 | 256 |
15 | Kentucky | 247 | 250 |
16 | Arizona | 262 | 249 |
16 | Indiana | 244 | 249 |
18 | South Dakota | 262 | 246 |
19 | Rhode Island | 269 | 238 |
20 | Missouri | 245 | 234 |
It makes no sense. They dont need a vax.Those of you (if any of you) who though vaccinating 5-11 year olds would be an offramp got played for suckers. When they say the quiet part out loud: some Covidians want kids masked for maybe a year or two more.
How are the ages "corrected"?Age corrected data for overall covid deaths:
1 Mississippi 347 355 2 Texas 261 312 3 Alabama 315 310 4 Oklahoma 288 295 5 Louisiana 282 293 6 Tennessee 283 286 7 New Jersey 295 284 7 New York 299 284 9 Arkansas 284 275 9 Nevada 260 275 11 Georgia 240 274 12 District of Columbia 226 267 13 South Carolina 263 256 13 North Dakota 267 256 15 Kentucky 247 250 16 Arizona 262 249 16 Indiana 244 249 18 South Dakota 262 246 19 Rhode Island 269 238 20 Missouri 245 234
Of the 20 worst states, 16 fall into the “mask optional, vaccine optional, reopen early” camp.
Three of the other four are East coast states which got infected early and returned known covid patients to nursing homes.
Age corrected data for overall covid deaths:
1 Mississippi 347 355 2 Texas 261 312 3 Alabama 315 310 4 Oklahoma 288 295 5 Louisiana 282 293 6 Tennessee 283 286 7 New Jersey 295 284 7 New York 299 284 9 Arkansas 284 275 9 Nevada 260 275 11 Georgia 240 274 12 District of Columbia 226 267 13 South Carolina 263 256 13 North Dakota 267 256 15 Kentucky 247 250 16 Arizona 262 249 16 Indiana 244 249 18 South Dakota 262 246 19 Rhode Island 269 238 20 Missouri 245 234
Of the 20 worst states, 16 fall into the “mask optional, vaccine optional, reopen early” camp.
Three of the other four are East coast states which got infected early and returned known covid patients to nursing homes.
It makes no sense. They dont need a vax.
And I am amazed at the mindset that someone has a vax, but they want others to be vaxxed.
Either the vax works or it doesn't.
But the mindset of many is like the guy who wrote that article talking about his fear going to the wedding. Then making his kids sit 20 ft away from him at home before he bailed to stay somewhere else.
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