No it is the definition
Posted on: August 3, 2022 at 16:25:07 CT
Spanky KU
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Inflation is the rate at which prices for goods and services rise.
It is not money supply (If it was, you would be hard pressed to explain Turkey, or the PIGS nations?)
Money supply often reflects the duration of inflation, not the cause
Edited by Spanky at 18:43:53 on 08/03/22