We Don't Know What Causes Inflation

Theory that we're disproving now, in 20 22, is modern monitory theory. It's kind of a made up thing that we don't even know what anchored inflation is or unanchored inflation is too. So let me start with that premise. We don't know what causes inflation. We think we do. And so therefore, the transitory crowd can do exactly what you said. You want to get two % inflation back, throw an over tightan have a policy mistake. Have the economy go recession, guess what? You'll have two % inflation within a year. But they think you can have it without a recession. i think people need to understand that if it