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stated “Rising incomes is the primary reason inflation exists, in fact.” I am not convinced that is an accurate stonfment.Itelatian is caused right now due to the “QE” series – as the Fed is printing more money. Inflation can be caused by an oversupply of money. Right now we are printing more money, and the money you had yesterday is worth less – causing inflation. If we see inflation, we should not assume that it is caused by rising incomes – that is a false assumption. – Rate this comment: 3 0