Spending huge amounts of money 'does' contribute to causing inflation.
The catch is, America didn't spend enough money on projects that could benefit the working class, soon enough.
In that respect, America become dysfunctional and hence proved that it's government was incapable of leadership.
China has innovated a system that is immune to this sort of dysfunction and the resulting destruction of an economy.
The catch is, America didn't spend enough money on projects that could benefit the working class, soon enough.
In that respect, America become dysfunctional and hence proved that it's government was incapable of leadership.
China has innovated a system that is immune to this sort of dysfunction and the resulting destruction of an economy.