Milton Friedman,

Question to him: Who is responsible for inflation?

Quote, “ Inflation is made in Washington because only Washington can create money. And any other attribution of an to other groups of inflation is wrong. Consumers don’t produce it. Producers don’t produce it. The Trade Unions don’t produce it. Foreign Shieks don’t produce it. Oil imports don’t produce it. What produces it is too much government spending and government creation of money and nothing else. “

He had a way of explaining important economic principles in easy to understand words..

Remember these words as you watch your food prices. How many more paper dollars do you have to pull out of the wallet today, that would have stayed in your pocket a couple short years ago, for the same product?