The Truth About Inflation, Episode 20 16

Price inflation has made a return and does not appear to be transitory in the what will now go down as the immortal word of jerome powell at the fed. Jean-Claude Junker: There's a lot different that sort of grabs you by the lapels, if you follow the official numbers the way i do. In no part of his statement did he mention milton freedman's insight that price inflation is always and everywhere a monetary phenomenon. And nowhere did he mention facts and data that sort of stare you in the face.