
Moin Yahya - What Is Inflation Really?
The Curious Task
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I Think the Central Banks Didn't Get It Right in This Round
i've never seen a situation where banks have printed money. There's this money in the back that's doing something mayt not be doing all the things, but it's doing something and it's doing a lot of it because there's a lot of money floating out there. I mean, prices rising should be a concern. But, you know, people can respond by saying, we'll just pay the workers x %, right? If inflection is two per cet or five percent, just pay them five per centa the problem gets us into this vicious cycle. And i think that's kind of that a bit of that hubris caught up with them in this in this round
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