Behind The Markets Podcast: Robert Rich & Edward S Knotek II
Behind the Markets Podcast
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The Money Supply Growth Inflation Relationship
I think the instability of velocity, I think, is what causes many people to to quibble with the money supply relationship with prices. Now you see an expansion of the money supply that was coupled with a lot of other stuff pandemic related fiscal support shifts in their references. You know, it's pretty clear with the benefit of hindsight that all those factors together working in the same direction. They're pushing up prices. Do you agree? What are the trends in?
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