68. Economist Dr Cameron Murray - Scrapping Super, Affordable Housing, Inflation and Political Corruption
Aussie Firebug
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Is the Government Making All This Money?
I hear a lot of the time, by trained people, that the government can create all this money and it doesn't have an inflationary effect. So I think that's definitely true. The way I sort of see it is we pulled back a rubber band with this stimulus. We loaded people up with money to spend and then they spent it all at once. And so we've seen that inflation. But now after, you know, maybe it's more like a spring, you pull it down, it goes up and then it comes down again.
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