DOGE ... "Government overspending is what causes inflation. If government waste is stopped, there will be no inflation."
- Thread starter WVU82
- Start date
The root cause of inflation is the use of a fiat currency that isn't backed by anything of intrinsic value so it can be printed out of thin air. The government couldn't overspend if spending were tied to a valuable, non-reproducible resource like gold, which is why the government did away with the gold standard.
