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Mark A. McCall's avatar

That was… Super duper!

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Jeff Mockensturm's avatar

Friedman is of course right, it's always a monetary problem. However, Biden is attacking the currency from both ends. He's simultaneously debasing the currency by printing more of it, dumping it on his friends in government - and he's restricting production of wealth which would soak up the inflation. By canceling leases and making natural resources off limits, making energy scarcer and harder to produce - he's pulling wealth out of the economy. This is how you get hyper inflation.

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