Maybe you should watch your own video more critically
Posted on: January 26, 2025 at 16:54:38 CT
SparkyStalcup MU
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Reagan actually explains it fairly well.
Inflation is not high prices. It is an increase in prices (rate of change). It can result in high prices.
An increase in the money supply CAN raise inflation, all other things being equal (what Reagan describes basically, or ceterus parabis)
But, an increase in the money supply may not raise inflation in periods of weak demand, as we saw in 2008 after the Great Recession or after 1929 during the Depression.