Inflation Explained in Under 60 Seconds

Many people hear the word inflation, but what exactly does it mean? Steve Forbes breaks it down.

[GODS_PYROMANIAC]

So the solution to monetary inflation is for the government to print less money, cause that would increase its value by making it more scarce

[fightline]

I wish my grocery bill was $200 it went from $100 to $350 in the last 4 years

[Post-Trib]

"Inflation is taxation without legislation."~Milton Friedman

[FIVEPANCAKES]

What caused the inflation we have now? Histotioc artificial low interest rates (borrowing money for free) and printing money to give "loans" (ahem cash gifts) to rich people under the PPP. Who was the president who enacted this two: little old Donald.

[GodBlessedAmerica]

We have our own oil rigs, so why do we import oil? We are a self sufficient country. Why do we import anything at all? If anything, we should be the #1 exporter of the goods for other countries.

[Haterfox]

US dollar should be like a crypto currency where there are only so many dollars in circulation. The gov should not be able to create money out of thin air

[johnowens]

By increasing production and exporting the products, the monetary inflation can be neutralized and eventually reversed. We know the amount of money that was used by the government to cause monetary inflation so the calculation for GDP increases needed is really not that difficult. How much oil do we sale Europe to undercut Russia's economy and simultaneously end inflation?

[mabeljoe]

How to tell if an app permission is dangerous

Android classifies permissions as “dangerous” if they might affect your privacy, the functionality of other apps, or your device’s operation. Watch out for apps that request access to at least one of these nine permission groups:

Body sensors

Calendar

Camera

Contacts

GPS location

Microphone

Calling

Texting

Storage

[mabeljoe]

What permissions should you avoid? You’ll want to be wary of permissions related to accessing:

Phone
Audio
Location
Contacts
Camera
Calendar
Messaging
Biometrics
Cloud Storage

[ppppp]

How do you think Trump's plan to increase tariffs across the board and put a 60% tariff on all Chinese imports will impact inflation?

[mabeljoe]

modern cars can listen to you. Cars are equipped with microphones, cameras, and sensors that send signals to the car's computers, which can create a record of your interactions with the car.

[williambilyeu]

The first example is not really inflation. It is a disaster-caused interruption of supply coupled with increased demand. Inflation is always caused by monetary policy.🤔