So: inflation is = printing more money (larger money supply)
Price increases are just that. The CONSUMER PRICE INDEX is just that, not an indicator of "inflation"
Inflation is: "There was 120 USD in the world last year, this year there is 200 USD because the Fed printing more because the US Gov needed a bailout?"
So: inflation is = printing more money (larger money supply)
Price increases are just that. The CONSUMER PRICE INDEX is just that, not an indicator of "inflation"
Inflation is: "There was 120 USD in the world last year, this year there is 200 USD because the Fed printing more because the US Gov needed a bailout?"