Comment Re:Not a rebate (Score 1) 145
Every expansion of the monetary supply is a piss in the bucket, until you accumulate them together.
Government borrowing compounds.
If you need to borrow 100 billion dollars and never balance a budget, you keep borrowing the following year and the following one.
Also, your interest on paiments keep increasing because you have to borrow more to pay the interest.
Yes, if the one and only thing we ever borrowed for was EVs, it would be one thing, but its not as you know.
Its not the only cause of inflation, but one of them.
All of them though relate to increase of the monetary supply.