I have solid respect for Rand.... which is why I doubt this is a quote from her.
your usual form of using bizarre twists and spin liberally peppered with outright lies means that everything you post must be verified, doubted or outright not believed.
inflation is caused by many factors.Causes of inflation
The main causes of inflation can be grouped into three broad categories:
- demand-pull,
- cost-push, and
- inflation expectations.
As their names suggest, ‘demand-pull inflation’ is caused by developments on the demand side of the economy, while ‘cost-push inflation’ is caused by the effect of higher input costs on the supply side of the economy. Inflation can also result from ‘inflation expectations’ – that is, what households and businesses think will happen to prices in the future can influence actual prices in the future. These different causes of inflation are considered by the Reserve Bank when it analyses and forecasts inflation.[1]
RBA LIONK.
