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Old 01-21-23, 04:37 PM
  #76  
SkinGriz
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Originally Posted by Koyote
Incorrect.

As I wrote, the money supply is partly responsible for the current inflation, but not entirely responsible for it. Probably not even mostly responsible, though we’re still untangling that.

PS: Just for fun, I watched the linked video. Do you realize that it is just s basic explanation of how prices are determined in individual markets? it does not address any macroeconomic concepts – including the money supply and determination of inflation rates. In fact, he never even mentioned the money supply. I’m not sure why you think this is at all relevant..
So what is mostly responsible for inflation then?
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