What I Learned Today

Inflation is the expansion of the money supply (as to “inflate”) not, not, not, not a rise in prices as most people believe.  I’ve long struggled to explain this and have now learned that the simple word “watered” usually does the trick.  “Gee the price of beef is going out of sight.”  “Yeah no matter how hard we yell about it the government keeps watering the value of the dollar.”

Bumper Sticker – Stop Watering The $

Isn’t this a campaign slogan – “No more rise in prices for the middle class ever, by stopping Liberals from watering the dollar.”  I dunno, does it for me.