45 Ex Governor of the Bank of England explains that money printing (not covid, not Ukraine) caused inflation (twitter.com) posted 3 years ago by NotAGlowy 3 years ago by NotAGlowy +45 / -0 9 comments share 9 comments share save hide report block hide replies
You still don't get it.
Money printing doesn't cause inflation.
Money printing IS inflation. That's what's inflating: the money supply.
Price increases are the result of inflation.
You’re using the definition of inflation that was popular 50 years ago?
I'm using the correct definition.
Inflation isn't the price of goods going up, and it never has been.
They changed what they marketed as inflation so they could use the CPI, which is much easier to manipulate than data about M1 and M2.
always former
A first year economics student who doesn't go to a western university could have told you this.
Wait, you mean viruses don't print money? Wow
https://nitter.it/statsjamie/status/1584653478252904449