{"type":"rich","version":"1.0","title":"LynAlden wrote","author_name":"LynAlden (npub1a2…cw83a)","author_url":"https://yabu.me/npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a","provider_name":"njump","provider_url":"https://yabu.me","html":"I keep pushing back on two types of NPCs:\n\n1) The right-leaning type of NPC that thinks all the inflation occurred because of the Biden Administration. Price inflation comes with a lag from money-printing, which began under Trump and continued under Biden, but materialized under Biden. That's why I was writing about upcoming inflation in 2020 and continued doing so in 2021 and thereafter.\n\n2) The left-leaning type of NPC that thinks \"price gouging corporations\" are causing the inflation and that price controls are an answer. A casual reading of history would refute this, any easy check on public SEC filings would demonstrate this, etc. So it's like, \"no, the grocery store with 1.4% net profit margins is not the cause of your food price woes, madam.\"\n\nIt's not so much that I get annoyed by people not knowing things. There's a million things I don't know. What I do find mildly frustrating is when people are so confidentially sure of a position that they have almost zero knowledge in."}
