A Recession Is Coming? In This Economy??
The Socialist Program with Brian Becker
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The Increase in the Money Supply Is Not Necessary for Inflation
The increase in the money supply that he railed against in recent years is, in fact, very old. It began a long time ago, but in modern history, it really took off with the crash of the year two thousand we had a bad crash to lower interest rates. Guess what? We did exactly the same thing, only on a bigger scale. And guess what? There we had an inflation. The last 20 years have been a remarkable bonanza for people active in the stock market. So clearly, there is no necessary relationship between increasing the m money supply and a general inflation of prices. Anyone looking at the numbers will see it.
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