“Inflation is always and everywhere a monetary phenomenon.” – Milton Friedman Dear Investor, The nature of inflation is widely misunderstood and misinterpreted. “Inflation” and “currency devaluation” are tautological – they are two phrases that mean the same thing. When the money supply increases at a rate that is greater than the wealth output of an Read more about (Q4 2021)
The Inflation Genie Is Out Of The Bottle[…]