“The close connection between inflation and the broad money supply (M2) had been traced back by economists through at least the last 400 years of recorded economic history.” Schuettinger and Butler from 40 Centuries of Wage and Price Controls: How Not to Fight Inflation
With over 400 years of economic data, don’t let anyone fool you into thinking that inflation is based on anything other than the M2 money supply. The more we print money the worse inflation gets. Period. End of story.
“The close connection between inflation and the broad money supply (M2) had been traced back by economists through at least the last 400 years of recorded economic history.” Schuettinger and Butler from 40 Centuries of Wage and Price Controls: How Not to Fight Inflation
With over 400 years of economic data, don’t let anyone fool you into thinking that inflation is based on anything other than the M2 money supply. The more we print money the worse inflation gets. Period. End of story.