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Myth busters: 1. Inflation is NOT caused by mysterious forces. It is caused by money printing (and/or increased velocity of money which is usually the result of inflationary expectations). 2. The Fed does not FIGHT inflation because the Fed is generally the source of inflation. — Glenn Jacobs (@GlennJacobsTN) June 1, 2022
Myth busters: 1. Inflation is NOT caused by mysterious forces. It is caused by money printing (and/or increased velocity of money which is usually the result of inflationary expectations). 2. The Fed does not FIGHT inflation because the Fed is generally the source of inflation.
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