Ep. 243 To Understand (Price) Inflation Then and Now, Follow the Money
Bob Murphy Show
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The Growth of Money in the Hands of the Public
In the late 19 seventies, mon growth never broke double digits. And then, if you're as later on, in august two thousand 11, mone growth actually hit just about 21 %. So that's why, at the time when this was unfolding and price inflation was not going through the roof, i saw some people, quote on my side, saying, well, that money just stayed up in the bottle, up in the banking system.
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