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143. Macro Myths with Coinbits' Rowais Hanna

The Bitcoin Standard Podcast

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Is the Increase in the Money Supply Related to the Rise in Prices?

The increase in the money supply is a far better reflection of increases in prices than the CPI, which is just completely broken. The key point that I've never heard a Keynesian try and respond to this is one of the many, many things where all of these NPC Fiat economists and PhDs have absolutely no ability of even acknowledging that you made this point. You could open their eyes and make them stare at this on a page and they will refuse to read it. And then once you've hit in the smoking gun, then it's about finding a bunch of bureaucrats to get together and whip up a number for CPI.

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