Prices

Inflation is a concern and according to Econ 101 it is caused by too much money chasing too few goods. In the past 20 years the money supply has increased from $5 trillion to almost $20 trillion. It has increased $5 trillion in just the past year and the government is getting set to add another $1.75 trillion. The government didn't get this money from taxes but from the federal reserve where it was created from nothing. IRS has sent $6 billion in stimulus payments just in June. Most people have spent this money and are now facing higher prices for their necessities like food, gas and home heating.