Tropical Storm #Helene Advisory 8A: Helene Just Offshore the Northeastern Coast of the Yucatan Peninsula, Close to Hurricane Strength. https://t.co/tW4KeGe9uJ
The rise in prices (inflation) is caused by government overspending, which increases the amount of money faster than the increase in goods & services output.
That is the vast majority of the problem.
Inflation was particularly bad during the Covid years, as there was massive government spending, despite productivity plunging, as people were forced to stay home.
This is further exacerbated by excess regulation, which prevents the market from solving an unmet need (eg housing in high-demand areas).
Occasionally, there is monopolistic behavior by companies, but this is relatively rare and usually only possible if those companies have gained control of their industry regulator. Again, a government, not private sector, problem.
Happy Birthday to me! 80 years young, and still spreading wildfire safety fun. Cheers to eight decades of saying #OnlyYou can prevent wildfires!
#SmokeyBear80
It's past midnight in Caracas, but the Venezuelan people are still up and letting the communist regime know what they think of them and Maduro
#VenezuelaLibre 🇻🇪
@BLKMDL3@rookisaacman@PolarisProgram Vehicles moving on( land space and liquid )must generate an active magnetic deflector shield by moving a charge (electric current) around it to protect living tissue from solar radiation.
Venezolano, a través de este enlace podrás ver cómo con tu voto y tu voluntad, cambiaste la historia de Venezuela.
Aquí encontrarás las actas que hasta esta hora hemos procesado y totalizado, y que confirman nuestro extraordinario triunfo:
https://t.co/UdKJvhm7Eb
BREAKING:
Opposition leader María C. Machado delivers her 1st major speech after the election & calls on the army to intervene:
“The soldiers saw with their own eyes the triumph against tyranny. It’s your duty to defend sovereignty & protect Venezuelans”