Damn the Recession, Rate Hikes Ahead – Ep 831
The Peter Schiff Show Podcast
00:00
Is There a Trade-Off Between Economic Growth and Inflation?
The public doesn't cause inflation. Workers don't cause inflation because they have jobs, and taking away their jobs won't take away in ation. The government is why we have inflation, not the private sector. Economic growth can offset the impact of inflation by lowering prices. If the economy slows down and it is less productive, that makes the inflation problem worse.
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