
Why Central Planning Always Fails | The Aneesh Karve Series | Episode 4 (WiM265)
The "What is Money?" Show
Is There a Red Herring?
Soledad O'Brien: Politicians will give every possible explanation for inflation, except the inflation of the money supply. So what do we hear? Prices are raising because of Vladimir Putin; that's one excuse. The other thing we'll hear is that prices are rising because corporations are greedy. Right. But if you understand, wait a minute, there's been a massive expansion of money supply. And the Federal Reserve is basically admitting this now by having to raise interest rates.
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