Ep. 243 To Understand (Price) Inflation Then and Now, Follow the Money
Bob Murphy Show
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Understanding Money Mechanics
After the corona crisis or panic, the fed pumped in even more money. The consumer price index did not sky rocket. And you could say, well, large fudge in the numbers. But the acid test was, what's the price of gasolene? Ecause the government can't,. they can say it's illegal to raise the price ofGasolenebut then they causes shortages. and that clearly wasn't happeninggaso was not jumping up to four or five dollars a gallon, which, and my standard analysis, i thought was going to happen. And it didn't igt.
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