Comments by "" (@Rob_F8F) on "Peter Zeihan || Inflation: The Gift that Keeps on...Taking" video.

*mesmerized
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@adamtate6168 No worries. Cheers!
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@dr_flunks Not him. Not me. But you seem like the only person who has a problem.
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@billm7035 Inflation is decreasing so the current state cannot be considered persistent. Multiple nations with multiple currencies are experiencing inflation, so it can't be just Fed action. Last, there are many causes for inflation, the most basic being rise in demand, drop in supply, or a combination there of. There is more demand since the pandemic and there is less supply, for a variety of reasons.
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@billm7035 I just want to understand your position. How long has the persistent inflation existed?
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@billm7035 Bill, money is like any other commodity in that there is supply and demand. Inflation occurs when there is more supply than demand. For currency, this is measured in the relative exchange rates. The most infamous example being 100 billion Zimbabwe dollars (ZWD) being valued at .40 USD. The US Dollar, however, has not devalued relative to other currencies. This suggests that increased supply was met with increased demand. As such, inflation must be being caused by other factors besides simple money supply increase. A study of monetary policy and its limits may prove both enlightening and valuable.
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