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by colinmhayes 1364 days ago
Sure, but all else wasn’t equal during covid, so I’m not sure that’s a fair addendum.
1 comments

I'm just arguing against this general idea that "increase in money supply doesn't cause price inflation". Which doesn't even really make sense because prices are measured in units of money. But the further implication, that Fed policy has no impact on prices, is just wrong to me and reflects some kind of misunderstanding.