Today Ali Velshi said, “You never want zero inflation.” And that would be because he has studied economics and has a degree in it?
Well, Ali Velshi may have studied economic subjects in his employment as a reporter and anchor. But his statement is not from his educational degree. According to his CNN biography and Wikipedia {quoted here and emphasis added}, “Ali Velshi earned a degree in religion from Queen's University in Kingston, Ontario.” So he’s probably just repeating what some others have said.
Now why would someone be FOR inflation? Well, for one thing, it benefits those who get the money first... Guess who that would be?
We would all be better off if our money would buy more, not less. So, I suggest that Ali Velshi keep quiet about things of which he knows little if nothing.
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