Milton Friedman Talks About Inflation

[ThetaMale]

I thought I'd drop this here since the FED is having trouble determining the cause of inflation. The video starts right with the answer, but the whole video is pretty long. However, this is definitely worth watching the entire thing.

 

[Rube Reaper]

Inflation is high because of the orange man and Bush’s reckless spending.

 

[ThetaMale]

Inflation is high because of the orange man and Bush’s reckless spending.

Nah, it's because of poor people and immigrants.

 

[Rube Reaper]

Nah, it's because of poor people and immigrants.

All those people with no money to spend are definitely what’s causing inflation

 

[ThetaMale]

All those people with no money to spend are definitely what’s causing inflation

Listen, an intelligent man on the television told me that's what caused it, so I'm going to listen to him. I also heard from Becky on Facebook that inflation is caused by all those immigrants not paying their taxes.

 

[TheNJNole]

I thought I'd drop this here since the FED is having trouble determining the cause of inflation. The video starts right with the answer, but the whole video is pretty long. However, this is definitely worth watching the entire thing.

Keep printing money.... assholes

 

[ChicagoFats]

Elon thinks the Fed should drop the rate .25% at the meeting this Wednesday. He thinks they could overshoot the runway trying to beat down inflation

Widely expected to be a .75% increase.

 

[ThetaMale]

Elon thinks the Fed should drop the rate .25% at the meeting this Wednesday. He thinks they could overshoot the runway trying to beat down inflation

Widely expected to be a .75% increase.

He wants that to pay for his shit Twitter deal with his TSLA stock.

But, somewhere, there's a tree out there that's producing oxygen for him. He needs to find that tree and appologize.

 

[ThetaMale]

M1 compared to US Core CPI

TBF the counter argument is to show the Bank of Japan's money supple vs the Japanese CPI

This is an interesting chart in my opinion because it seems to counter Milton's argument. However, I would argue that Japan's constant money printing has lead to an unstable Economy.