Respectfully, this is not true.

You can have inflation without any “Fed’s printing press.” If a hurricane disrupts the supply chain and causes a general rise in prices and services, that is indeed inflation. The cause is not relevant.

And that’s exactly what inflation is — a general rise in prices and services over a period of time.

I can definitely appreciate the disdain for the increase in money supply but keeping the conversations and definitions honest is important too. :)

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