I don't know that to be the case. All I know is that 2020
Posted on: October 12, 2022 at 10:59:16 CT
ummmm MU
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experienced money supply growth that was unmatched in any of the prior 107 years of the Fed's existence.
That is the primary driver of general price increases. There can be different reasons for specific price increases (in specific markets like gas), but a general increase in prices is always and everywhere a monetary phenomenon.
Edited by ummmm at 10:59:30 on 10/12/22