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Thursday, 11/11/2021 8:47:04 AM

Thursday, November 11, 2021 8:47:04 AM

Post# of 19177
O.K., this video explains EXACTLY what we're seeing with inflation. It's the MONEY SUPPLY stupid (the Fed) and like he says the Fed isn't even looking at the money supply. Powell doesn't even think the money supply matters. The Professor makes the statement on several occasions how incompetent the Fed is.

The Professor is spot on. Note what he says about how long the inflation is going to last because of all the excess money already in the system. A couple of years at least. When the stock markets crash they'll have to throw trillions more fiat at the problem to try and reflate the bubble. We'll see TEMPORARY DEFLATION until the trillions more of fiat bring on hyperinflation later. I think that's where this is going and it won't be pretty.

This is a great interview. The Professor should be running the Fed.