I recently debated with Michael Pento, who made an interesting statement that increases in the money supply, the deficit, and a return to quantitative easing (QE) will lead to 1970s-style inflation.
Well, it is well-known printing of unjustified amount of currency and its distribution in the people of a country will increase the inflation, (to be more precise, equal distribution of currency). But ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
That's despite various supply ... money in consumers' pockets and boost their spending. "Indeed, we see pro-growth fiscal ...
They point to a chart that claims to explain how ... thereby reducing the money supply and lowering inflation. While such a situation is conceivable, it is most likely to occur if new revenue ...
The dramatic growth in the U.S. money supply, when broadly measured ... (see my calculations, and the chart below). This has resulted in a realized inflation rate of 1.7 percent per year, slightly ...
With this chart as our guide, the reacceleration of CPI inflation last month should not catch us off guard. So, what causes money supply to rise? This is where the topic gets considerably more ...